Demand for Airbus Planes Hasn't Been Dented by Boeing's Woes -CEO

Date : 05/16/2019 @ 9:29AM
Source : Dow Jones News

Demand for Airbus Planes Hasn't Been Dented by Boeing's Woes -CEO

Airbus (EU:AIR)
Historical Stock Chart

1 Year : From Jan 2019 to Jan 2020

Click Here for more Airbus Charts.
   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


(END) Dow Jones Newswires

May 16, 2019 05:14 ET (09:14 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20200118 09:58:56