Demand for Airbus Planes Hasn't Been Dented by Boeing's Woes -CEO
16 May 2019 - 7:29PM
Dow Jones News
By Robert Wall
Airbus SE (AIR.FR) Chief Executive Guillaume Faury said Thursday
that rival Boeing Co.'s (BA) problems with the 737 MAX aren't
denting demand for planes, but expressed concern that passenger
trust could be affected.
"We don't see anything positive from the current situation," Mr.
Faury told reporters.
Demand for the company's planes was strong before the Boeing
suffered two losses of its MAX plane within five months and remains
strong today, Mr. Faury told reporters.
Airbus doesn't see any near-term gain from Boeing's woes, he
said.
The European aerospace giant is sold out for its planes through
2023, limiting its ability to provide any to MAX customers that may
want to buy other planes.
Since the MAX fleet was grounded in March, several airlines have
launched competitions for single-aisle planes. Mr. Faury said it
was premature to judge whether the MAX situation would have an
impact on the outcome.
Write to Robert Wall at robert.wall@wsj.com
(END) Dow Jones Newswires
May 16, 2019 05:14 ET (09:14 GMT)
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