As Airbus and Boeing raise production to all-new levels in response to record orders, both manufacturers say the global air transport industry is more resistant than before to market fluctuations and the potential threat of a ‘bubble’ which could drastically hurt the combined backlog of more than 10,000 aircraft. Compared to the fragility of the backlog during earlier order-delivery cycles there are “a number of reasons to be reasonably optimistic,” says Airbus senior vice president ...

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