Boeing's problems are a 'burden' for the entire industry, says an Airbus executive.

Reported 4 months ago

Airbus' Commercial Aircraft CEO, Christian Scherer, expressed concerns about the impact of Boeing's safety and quality issues on the aviation industry, stating that such problems could lead to a loss of confidence among travelers in air travel. Scherer mentioned that Boeing's challenges could prompt more people to question the safety of flying. He also dismissed speculations that Airbus might increase its prices in response to Boeing's troubles, emphasizing that pricing is primarily determined by market demand. Scherer highlighted the unpredictability of a struggling competitor's actions, suggesting that Boeing's situation could lead to unexpected market behaviors.

Source: YAHOO

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