Airbus CEO Cautiously Confident on AsiaPacific Kevin C. Cox, Getty Images

Airbus CEO Cautiously Confident on Asia-Pacific

"There is not a crisis at all," said Airbus President and CEO Fabrice Bregier.

Airbus' top executive remains bullish on the developing market of the Asia-Pacific.

Despite the challenges in the market, Airbus President and CEO Fabrice Bregier told Aviation Week "There is not a crisis at all. There is growth."

"The market is still very bullish, but you’re starting to see emerging winners and losers" among airlines, Bregier said.

"Bregier concedes the Asia-Pacific market has 'more challenges than before,' particularly with struggling low-cost carriers. But he says that may simply be a sign that the market is maturing, and reiterated his confidence in its long-term growth prospects," write Joe Anselmo and Jens Flottau of Aviation Week.

Read more about the Farnborough Air Show at Aviation Week.

Aviation Week is an IndustryWeek companion site within Penton, a professional information services company.

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