What Happened
Airbus CEO Confident In Long-Term Demand For New Aircraft
Airbus CEO Guillaume Faury stated that the company is not seeing any demand for cancellations of jet orders, despite recent turmoil in the airline industry due to higher fuel costs. Faury noted that airlines have been through significant challenges but are still holding onto their order books, underscoring resilient long-term demand for new aircraft. The comments were made at an industry event, as reported by Reuters.