Airbus CEO slams European regulatory costs as it opens new line

Airbus’s chief urged France and Europe to reduce high regulatory and other business costs, warning that competitiveness is becoming a central issue ahead of next year’s French presidential election. The remarks point to persistent cost and policy headwinds for European industry rather than any immediate company-specific financial update.

Analysis

Airbus’s chief urged France and Europe to reduce high regulatory and other business costs, warning that competitiveness is becoming a central issue ahead of next year’s French presidential election. The remarks point to persistent cost and policy headwinds for European industry rather than any immediate company-specific financial update.