Airbus CEO says industry might need until 2025 to reach pre-crisis levels
World+Biz
24 November, 2020, 07:40 pm
Last modified: 24 November, 2020, 07:43 pm
Airlines are on course to lose a total $157 billion this year and next
A uniform approach to open borders and testing passengers was overdue in Europe, Guillaume Faury told an online aviation summit. Photo: Collected
The aviation industry might not reach pre-crisis levels until 2025, Airbus' CEO said on Tuesday.
A uniform approach to open borders and testing passengers was overdue in Europe, Guillaume Faury told an online aviation summit.
Airlines are on course to lose a total $157 billion this year and next, their main global body warned earlier on Tuesday, further downgrading its industry outlook in response to the second wave of coronavirus infections and shutdowns afflicting major markets.
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