Airbus headed for strong sales year despite trade woes: sales chief

PARIS (Reuters) – Airbus will end the year with all major civil aircraft programs showing a book-to-bill ratio above 1, sales chief Christian Scherer said on Wednesday.

In a year marked by trade tensions and U.S. tariffs, Airbus turned in a “very satisfactory” sales performance for 2019, Scherer said, adding that the aircraft tariffs nonetheless pose a “very serious problem for our clients”.

The eventual development of a larger version of the A220 was “not a question of if, but when”, Scherer said, adding that it is not being considered at this stage.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.