Key facts
- Airbus CEO Guillaume Faury reported no signs of jet order cancellations.
- Airlines are reportedly holding onto their existing aircraft orders.
- The airline industry is facing challenges including higher fuel costs.
- These pressures are linked to the conflict involving the U.S. and Iran.
Airbus CEO Guillaume Faury indicated that the company is not observing any demand for cancellations of jet orders, despite the airline industry facing significant pressures. Speaking at an industry event, Faury noted that airlines, having navigated a difficult period, are still committed to their order books, signaling sustained long-term demand for new aircraft.
Global airlines are currently contending with elevated fuel costs, exacerbated by the conflict between the U.S. and Iran. This situation has led to disruptions in jet fuel supplies and the rerouting of flights, incurring additional expenses for carriers. However, Faury stated that these factors have not yet resulted in a significant reduction in aircraft orders.