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Airbus CEO: There Is No Bubble in the Commercial Airplane Market

Monday, 9 Jul 2012 | 4:45 AM ET

Fabrice Bregier, CEO of Airbus, told CNBC, "I am very confident it is not a bubble because we have a very cautious ramp up, right now we are producing 40 320s a month and we intend to reach 42 and stabilize it at 42 at the end of this year, so it is only a five percent increase and the market requires more we are just limiting ourselves because of supply chain constraints".