Airbus CEO Urges Better EU Coordination On Restarting Air Travel
Airbus SE Chief Executive Officer Guillaume Faury called on the European Union to coordinate the return of international air traffic, saying chaotic decision-making on flight bans by member countries at the start of the pandemic revealed weaknesses in the way the region works.
“We need one decision making center and we don’t have one. We see Europe’s weaknesses in this type of situation,” he said at the Aix-en-Seine economics conference in Paris Sunday. “The flight bans and halts weren’t coordinated and were very national.”
Aerospace has been hammered by the health crisis, after lockdown policies to contain the virus led to the widespread grounding of planes and delayed jet orders. Airbus has announced plans to cut 15,000 jobs across its commercial aircraft division to get through the crisis while its customers like Air France-KLM and Deutsche Lufthansa AG are also shedding thousands of staff. Read more…………..
Chart Of The Day
Air France employees demonstrated outside the airline’s base at Paris’ Roissy airport, criticizing its plans to cut staff after receiving state aid to help the company to ride out the pandemic fallout.