Reported about 12 hours ago
Airbus CEO Guillaume Faury warned that European aerospace firms are preparing for significant protectionism in the U.S. under President-elect Donald Trump. With supply chains still recovering from the pandemic, Airbus anticipates a 4% increase in deliveries for 2024, despite facing challenges such as geopolitical tensions and competition from India. Faury highlighted the need for support in financing defense capabilities amidst the ongoing war in Ukraine and urged the French government to continue backing research on emission reductions.
Source: YAHOO