Airbus CEO: Boeing Issues Hurting Industry

Airbus chief says company won’t raise plane prices due to rival’s problems

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Safety and quality problems exposed at Boeing following a door plug blowout earlier this year risk shaking travellers’ confidence in flying, a top executive at rival Airbus has said. Christian Scherer, CEO of Airbus’ Commercial Aircraft business, told international media that the issues were “a burden for the entire industry”.

“Boeing’s problems could cause more people to question how safe flying actually is,” Scherer was quoted as saying. Boeing has been under mounting pressure over factory controls since January 5, when a door plug in mid-flight tore off a jet of its best-selling 737 MAX series in an incident blamed on missing bolts.

Scherer rejected claims that Airbus could raise its own jet prices as a result of Boeing’s problems, adding that pricing was guided purely by demand outstripping supply and that it was difficult to predict how things would pan out in the future. “I dare say that an ailing competitor can behave in a relatively unpredictable manner. If a company has dozens of planes in stock involuntarily, it could start a major sell-off.”

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