PREVIEW-Aviation gloom unlikely to lift at Singapore air show

viernes 29 de enero de 2010 11:39 CET

* Analysts, executives expect few big commercial jet orders

* Ethiopian crash, JAL bankruptcy overshadow meet

* Airbus military carrier woes persist

* Low cost-carriers could grab limelight

By Harry Suhartono and Mariko Katsumura

SINGAPORE/TOKYO, Jan 29 (Reuters) - The aviation business, badly hit by the economic crisis and the bankruptcy of Japan Airlines 9205.T, is unlikely to find much to cheer about at this year's first major industry event, the Singapore Airshow.

Executives say early signs of a global economic recovery could lead to some demand from low-cost carriers at the Feb 2-7 gathering, but there seems little sign of big-ticket orders.

Amid the roar of fast jet displays over the hospitality chalets, investors and financiers are expected to remain pretty much on the sidelines, awaiting proof of a sustained recovery.

"While we don't expect any major announcements in terms of orders, there's renewed appetite," said Shukor Yusof, an analyst at Standard & Poor's in Singapore, adding that he did not expect big orders from large and premium carriers.   Continuación...