Orders drop cuts delivery delay
There is an upside to the decline in airliner orders, according to Airbus CEO Thomas Enders.

There is an upside to the decline in airliner orders, according to Airbus CEO Thomas Enders. “Airlines don’t like waiting seven years for delivery,” he explained at an EADS press conference in Paris on Saturday.

Now holding orders for some 3,500 airplanes, Airbus expects “up to” 300 new sales this year, he added, notwithstanding the dismal net order count of 11 airplanes the company has registered so far. The company’s existing order backlog has declined only very modestly.