Airbus executive sees low risk of order cancellations

Order cancellations are not a major risk factor for the aerospace industry this year, a senior Airbus executive said on Thursday, dampening concerns about a downturn in the aerospace industry's cycle amid fragile global economies. "The risk of order cancellations is not very high on our list of risks for this year," Marwan Lahoud, executive vice-president of international, strategy and public affairs, told a briefing as head of France's Gifas aerospace industry lobby. On the challenges of increa