Airbus CEO Faury Sees Huge Uncertainties In Market Recovery
Guillaume Faury became CEO of Airbus Group in April 2019 after just over a year as president of the company’s commercial aircraft business. With only one year in the job behind him, the 52-year-old has to steer Airbus through the worst crisis commercial aviation has ever faced, cutting costs where possible while protecting substance where needed. Faury met with Aviation Week Executive Editor for Commercial Aviation Jens Flottau at Airbus headquarters in Toulouse. With air travel all but impossible throughout the spring, it was their first in-person meeting in several months.
- Faury expects suppressed narrowbody production for two years
- Long-haul aircraft demand slump to last much longer
- European governments’ hydrogen research funding supports next-generation aircraft technology
- Carbon-neutral narrowbody could enter service in 2035
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