Mon, Nov 26, 2012 - Page 13 News List

Aircraft sales set to stay strong: Airbus

HIGH HOPES:The company remained upbeat about next year’s prospects for the aerospace industry, as it expects passenger traffic to grow at a steady pace

By Amy Su  /  Staff reporter, in TOULOUSE, FRANCE

Emerging economic regions are estimated to represent more than half of all traffic growth in the next 20 years, with new aircraft deliveries in the Asia-Pacific region set to account for 35 percent of all deliveries, the statement said.

Airbus posted consolidated revenues of 25.62 billion euros (US$33.23 billion) in the first nine months of the year, up 14 percent from a year earlier, with consolidated earnings before interest and tax rising by 184 percent from a year ago to 837 million euros, according to company data.

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