SGA14: Airbus D&S bullish about Asia prospects

12th February 2014 - 10:54 GMT | by Darren Lake in Singapore

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In its first media briefing in Asia the newly combined Airbus Defence & Space (D&S) was bullish about its prospects in the region, with projections of a 12.6% increase in sales by 2018 that could bring in €10 billion in sales.

As with many other defence companies, Airbus D&S is pinning high hopes on Asia as it looks to open new markets as those in Europe and the US stall: ‘It’s a major growth area for us,’ explained Christian Scherer, executive VP sales & marketing for Airbus D&S.

Breaking it down into the market sectors it serves, Scherer estimated the

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Author

Darren Lake

Darren has more than two decades of experience in aerospace and defence journalism. After completing …

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