Netherlands-based aerospace and defense company Airbus (EADSY) is expecting that 2017 will see 30% fewer orders for the jet industry, its sales chief said, according to Reuters.

However, the COO, John Leahy does expect the industry to maintain a slow rise in orders. Airbus has not offered guidance on new business for this year and Leahy didn't say how the industry expectation will impact Airbus.