Airbus CEO says industry might need until 2025 to reach pre-crisis levels
Reuters
Published Nov 24, 2020 08:45AM ET
BERLIN (Reuters) - 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 a second wave of coronavirus infections and shutdowns afflicting major markets.
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Written By: Reuters
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