Airbus CEO warns on regulatory costs
The CEO of Airbus called for addressing the high regulatory costs in Europe, particularly in France, which include labor and energy expenses. He described these costs as crippling and detrimental to the companies' competitiveness. He emphasized that the production of medium-range aircraft, such as the A321neo, is at the core of the company's strategy, with expanded assembly lines in Toulouse to boost production and meet the market's demand for smaller aircraft amid increasing competition from Boeing and Airbus.
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