The CEO of Airbus has revealed that new planes demanded by Asia and China shall give the firm an opportunity to prepare themselves for the global recession that might come as a result of the debt crisis in Eurozone.

He was of the view that they are moving as per their schedule of 1000 net orders by the end of August; the air traffic seems to be doing fairly well also.

He was of the view that there might be some adjustments and changes made in the time to come. “This is very different from 2008-2009. In this case we see a problem of some European states with excessive debt but the real economy is very good”, he added further.

The crisis in the Eurozone seems to be engulfing the entire world market in turns and leaving the economy of the world crippled, and in need for respite.

There is need for some effective measures to be take in order to prevent it from landing in the same soup as the United States had a couple of years ago. The economies of the world are currently trying their best to safeguard themselves against the recession that is expected to hit the world markets soon.