Airbus CEO Confident in Engine Technology Development
Airbus CEO Confident in Engine Technology Development
Airbus CEO Confident in Engine Technology Development
News summary

Airbus CEO Guillaume Faury remains optimistic about the aviation industry's recovery, despite recent complaints from U.S. airlines about overcapacity and some low-cost carriers deferring aircraft orders. He highlighted a record backlog of orders and noted that overall demand for air travel remains strong, although supply chain issues continue to impact delivery schedules, particularly with CFM International's LEAP engines, which are facing delays. Faury also expressed cautious optimism regarding CFM's new open-rotor technology, acknowledging its potential for fuel efficiency and emissions reduction while emphasizing the need for more evidence of its commercial viability. He confirmed Airbus's goal of delivering 770 aircraft this year, down from an initial target of 800, citing ongoing supply constraints as a major challenge. Overall, Faury does not see the recent softness in demand as a sign of a broader slowdown in the aviation sector.

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