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Business Briefing / AEROSPACE

Airbus' orders fall in September

October 08, 2008|From Times Wire Services

Airbus, the world's largest maker of commercial aircraft, received 79% fewer orders in September compared with a year earlier amid a slowdown in demand from airlines.

Customers signed contracts last month for 29 planes, compared with 141 orders a year earlier. Orders from Jan. 1 to Sept. 30 fell 13% to 737 aircraft, Toulouse, France-based Airbus said.

Airbus has a full-year order target of 850 aircraft. Chief Executive Tom Enders said July 12 that as much as 27% of Airbus' backlog might be lost if airlines cancel contracts.

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