Plane makers say airlines are poised to bounce back
Both Boeing Co. and Airbus SAS are predicting an international recovery in the airline industry next year. Speaking from the Dubai Air Show, the two leading plane makers said airlines have stopped deferring deliveries of pricey new jets as they prepare for firming demand for air travel in the coming years. "Everybody is talking about new orders, there is nobody talking about delays and cancellations," said Airbus COO John Leahy. Meanwhile, a Boeing executive predicted that "next year will be a year of recovery, and in 2011 airlines will return to profitability." Bloomberg (11/16)