Reuters - Video

Edition: US | UK | IN | CN | JP

video Video

Bernanke steps into the spotlight
Bernanke steps into the spotlight - 02:13
The official royal wedding guest list revealed
The official royal wedding guest list revealed - 01:23
Shuttle astronauts arrive at Cape Canaveral
Shuttle astronauts arrive at Cape Canaveral - 01:18
Waiting for Bernanke
Waiting for Bernanke - 01:51
Hospital staff flee border fighting
Hospital staff flee border fighting - 01:10
Thousands at Sai Baba funeral
Thousands at Sai Baba funeral - 01:03
Al Qaeda releases hostage messages
Al Qaeda releases hostage messages - 01:43
Obama calls birth controversy \
Obama calls birth controversy "distracting" - 05:29
Three blasts hit Kirkuk
Three blasts hit Kirkuk - 01:25
Protests intensify in Yemen
Protests intensify in Yemen - 01:24
Border clashes displace thousands
Border clashes displace thousands - 01:50
S&P Credit Rating Warning Helpful - Lister
S&P Credit Rating Warning Helpful - Lister - 00:53

Airbus & others eye Asia despite slowdown

Tuesday, February 16, 2016 - 01:40

Planemakers are flagging strong aircraft demand despite economic headwinds. Grace Pascoe reports on the first day of the Singapore Air Show.

▲ Hide Transcript

▶ View Transcript

Planemakers must deal with both the yin and the yang. Whilst the global economy falters, demand for aircraft remains strong. At Singapore's biennial airshow Airbus CEO Fabrice Bregier remains confident in the industry. (SOUNDBITE) (English) AIRBUS PRESIDENT AND CEO, FABRICE BREGIER, SAYING: "People try to project themselves into the future and the impact of air traffic. As a matter of fact, we don't see it, our competitors don't see it, our customers don't see it, we have never been so healthy, this is the reality. And we are planning for more efficient aircraft for deliveries as you can see, which go well beyond 2020." Neither Airbus, nor Boeing expect delay to deliveries or cancellation requests. And production lines are loaded for rapid growth After a boom in orders has defied the industry's growing number of sceptics. Airbus COO John Leahy says middle class spending is driving aviation. (SOUNDBITE) (English) AIRBUS COO, JOHN LEAHY, SAYING: "They fly for business, they have disposable income they fly for pleasure, and they're the ones who are sitting in the seats of airliners around the world. And the middle class in Asia Pacific will be driving the world going forward. And of course there is also South America and parts of Africa, etc. other parts of emerging markets. This is the key, this is the growth engine, that's driving our industry." No large orders have been placed yet at the airshow. But with oil at multi-year lows, and airline balance sheets strong New orders may be on the cards.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

Airbus & others eye Asia despite slowdown

Tuesday, February 16, 2016 - 01:40

Featured Videos

Aussie pilot Hall soars to victory in Cannes

Aussie pilot Hall soars to victory in Cannes

Australian pilot Matt Hall claims victory in the second leg of the Red Bull Air Race world championship in Cannes, France
Luxury liner Queen Elizabeth II reopens as floating hotel

Luxury liner Queen Elizabeth II reopens as floating hotel

One of the world's most famous ships is now a floating hotel permanently moored at Dubai's Mina Rashid port
World Toad in the Hole Championships

World Toad in the Hole Championships

The aim of the traditional pub game originating from France is to land as many large brass coins or 'toads' in a table's small hole
Tarantula burgers on the menu

Tarantula burgers on the menu

For adventurous diners, tarantula topped burgers are available at a Durham, North Carolina restaurant as part of its ‘exotic meat’ month
Runners brave the cold for North Pole Marathon

Runners brave the cold for North Pole Marathon

Runners brave freezing conditions at top of the world in North Pole Marathon