Airbus CEO Says Aerospace Industry Under-estimated Time It Would Take To Replace Workers Who Left During Covid-19; Will Launch A New Airplane By The End Of The Decade With Development Next Decade; Next Single-Aisle Plane Must Reduce Fuel Burn By Around 25%; Open-Rotor Engine Could Be A Game-Changer If It Delivers Promised Benefits
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Airbus CEO acknowledges the aerospace industry's underestimation of workforce replacement post-COVID-19. Airbus plans to launch a new airplane by the end of the decade, focusing on reducing fuel burn by 25% with potential use of open-rotor engines.

September 10, 2024 | 2:19 pm
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Airbus plans to launch a new airplane by the end of the decade, focusing on a 25% reduction in fuel burn, potentially using open-rotor engines. The CEO also notes workforce challenges post-COVID-19.
The announcement of a new airplane with significant fuel efficiency improvements is positive for Airbus, indicating innovation and potential market leadership. Workforce challenges are a concern but are being addressed.
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