Airbus predicts air travel boom
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Airbus expects air passenger traffic to treble in the next two decades, creating global demand for 24,300 aircraft.
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European plane maker Airbus has booked more orders this year than US rival Boeing, figures showed Monday, a sign that demand remains strong for the group&#39;s aircraft despite recent production and design problems.
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European aircraft maker Airbus has said its estimate of world demand for airliners in the next 20 years had leapt by 31.2 percent in two years to 22,700, with the value of the global aircraft market expected to hit 2.6 trillion dollars by 2025.
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LONDON (CBS.MW) -- Airbus, the European aircraft maker that competes with Boeing Co. (BA) , is expecting airline deliveries this year from 315-320, approaching a record, the Financial Times reported, citing Chief Executive Noel Forgeard.
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Airbus's newly unveiled A380 superjumbo will bring unprecedented pleasures and amenities to long-haul passengers who will start boarding the planes from next year.
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GENEVA : International air passenger traffic should record its strongest growth in 12 years in 2004, climbing by 11 percent for the year as a whole, the International Air Transport Association said Tuesday.
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PARIS -- Airbus, which has delivered more airplanes than Boeing for the second year in a row, is about to unveil another number one: the world's largest passenger jet.
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Airbus expects to deliver more commercial jets this year than the 305 it delivered in 2003, when it overtook Boeing Co., a senior executive said Thursday.
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The European aircraft manufacturer Airbus has received 358 firm orders and 190 letters of intent at the Paris Air Show this week, commercial director John Leahy said Wednesday.
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Global air traffic is set to be boosted in the next three years by a rise in travel between Europe and Asia, thanks to growth in both China and India.
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TOULOUSE, France  - Airbus showed off its giant A380, a double-decked behemoth that could revolutionize long-haul flying, at a lavish ceremony Tuesday with European leaders gathered for the first official look at the world's largest passenger plane. Airbus SAS is betting its newfound status as the world's leading jet maker on the "superjumbo" that has a 79.85-metre wingspan, a tail as tall as a seven-storey building and cost &#36;13 billion US to develop.
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European aircraft maker Airbus is close to clinching two key orders valued at three billion dollars (2.28 billion euros) from China for its new A380 plane.
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Airbus parent EADS posted higher-than-expected nine-month earnings on Thursday driven by a strong performance in commercial aircraft and raised its 2004 targets.
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Travel: Latest expansion plans a serious test of the airline market's resilience to credit crunch and rising oil price
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Airbus, the world&#39;s biggest maker of commercial aircraft, forecast yesterday that airlines will need 1,902 jumbo planes over the next 20 years -- more than double the forecast of its rival, The Boeing Co.
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European Aeronautic, Defense &amp; Space Co., Europe&#39;s largest aerospace company, more than tripled third- quarter net income and raised its 2004 earnings forecast because Airbus delivered more planes and the space unit posted a profit.
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Global air travel is set to be boosted by an increase in travel between Europe and Asia, thanks to growth in both China and India.