February 3, 2010 / 2:51 AM / 9 years ago

AIRSHOW-Airbus sees recovery in air traffic in 2010

SINGAPORE, Feb 3 (Reuters) - Europe’s aerospace giant Airbus said on Wednesday it sees a recovery in global traffic volume in 2010, saying the global economy has already recovered from a recession.

“Everybody was talking about recession... but we actually think we are coming out the other side,” Airbus sales chief John Leahy told reporters at the Singapore Airshow.

A drop in global passenger demand led Airbus, a unit of Aerospace and Defense giant EADS EAD.PA, and rival Boeing (BA.N) face their worst annual orders last year in at least 15 years.

Reporting by Harry Suhartono and Mariko Katsumura, editing by Saeed Azhar

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