SINGAPORE (Reuters) - The global economy may be climbing out of recession but the air transport industry does not expect any significant pick up in orders this year, executives said on Wednesday. "Cautious optimism" is the dominant phrase at the Singapore Airshow this week, the first major industry event of the year after a wretched 2009, when aircraft orders at both ...

SINGAPORE (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 ...

WASHINGTON (Reuters) - The U.S. Trade Representative expressed concern on Monday about reports of European launch aid to help Airbus produce its new A350 airliner and said it would take steps to ensure no harm was done to the U.S. civil aircraft industry. The trade representative's office also said in a statement that disputes involving Boeing and Airbus ...