Airbus CEO sees surge in U.S. protectionism under Trump

PARIS (Reuters) - European aerospace companies are bracing for "very strong" protectionism in the United States under the incoming administration of President-elect Donald Trump, the head of planemaker Airbus said on Thursday.



Speaking to reporters as head of France's GIFAS aerospace industry association, Airbus CEO Guillaume Faury also said supply chains remained heavily impacted by the pandemic.

Airbus is expected to announce later on Thursday that it made 766 deliveries in 2024, up 4% from the previous year, coupled with a slowdown in orders from record highs in 2023.

Source: Investing.com