Scrapping multi-million euro airliners and replacing them with new ones is good for the environment and the economy, argues Airbus CEO Guillaume Faury
"There is a lower level of demand so we need less planes, so let's retire the old planes, the ones which are burning a lot of fuel and raising a lot of CO2 and support the faster transition to new planes by a support scheme — and we think there's a good business case for doing this for Europe," Faury said."They would help airlines to retire their old planes and take new ones instead of putting the old ones back to service.
He said that while he empathized with airlines' plight,"they have commitments with us and we have taken commitments [to our suppliers] because of the contracts we have with them." He hoped to find a compromise now that many airlines have been rescued and the worst of the crisis is over."We are hoping with many customers, trying to adjust what is tough for them but not killing them and tough for us but not killing us."
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