Key facts
- Airbus CEO Guillaume Faury criticized high regulatory, labor, and energy costs in Europe.
- Faury described European regulatory barriers as "absolutely horrible".
- He urged policymakers to address business competitiveness.
- The comments were made at the opening of a new Airbus assembly line in Toulouse.
- Faury suggested competitiveness should be a focus in the upcoming French presidential election.
Airbus CEO Guillaume Faury has called on France and Europe to address the high costs of regulation, labor, and energy that are impacting businesses. Speaking at the inauguration of a new A320/A321neo assembly line in Toulouse, Faury described the cost of European regulatory barriers as "absolutely horrible" and stressed the need for improved competitiveness.