Airbus CEO Bullish On Air Travel Despite Bumps

Airbus CEO Bullish On Air Travel Despite Bumps · The Wall Street Journal

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“It's not a big surprise to me that there is a bit of softening, but I would not see it as a sign of slowing down of aviation,” Faury said in an interview at an aerospace forum in Washington, D.C. this week. Both Airbus and its American rival Boeing have been beset by supplier problems. Faury said deferrals of aircraft orders by some ultra-low-cost carriers in the U.S. were more a sign of their changing cost structures and increased competition from major airlines.