Airbus: Air India Incident Prompts Industry Reflection
Airbus SE responded to the recent tragic plane crash in India by emphasizing the importance of advancing safety within the aviation industry as a whole. The company's official Christian Scherer stressed that safety is a top priority for Airbus and this incident serves as a reminder that even one accident is unacceptable in the increasingly safe realm of aviation. The crash involved a Boeing Co. airliner and resulted in a significant loss of lives, both on the plane and on the ground. This event, among other recent incidents, has raised concerns about the safety of air travel after a period of relative stability. The cause of the crash is still under investigation. Both Airbus and Boeing, major players in the industry, have acknowledged the need for continued vigilance on safety. Despite the challenges posed by global volatility and supply chain constraints, Airbus remains committed to its goal of delivering 820 aircraft to customers this year. The company's focus is on strengthening the supply chain and increasing production output, while also refraining from considering buybacks as a financial strategy for now.
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