Airbus not worried about slump

Airbus SAS could cope with losing as many as 1,000 jetliner contracts without suffering unduly because of its formidable order book, chief executive Tom Enders said yesterday. Airbus is able to withstand its backlog of 3,500 contracts shrinking, he said. He added that, if the order book kept growing, customers would have to wait seven or eight years between contracts and deliveries, something that might deter carriers from buying its range of aircraft.