Airbus CEO says jet industry needs more capacity

Guillaume Faury, President of Airbus Commercial Aircraft, attends Airbus's annual press conference on Full-Year 2018 results in Blagnac

PARIS (Reuters) – Aerospace is hiring more workers and expanding capacity to secure its production plans as demand returns to pre-COVID levels, Airbus CEO Guillaume Faury said on Friday.

“There is more demand than supply. We are looking for more speed and capacity,” Faury said.

Faury was speaking at a news conference in his capacity as head of France’s GIFAS aerospace association.

The industry in France will recruit 20,000 to 25,000 workers this year, he added.

(Reporting by Tim Hepher; editing by Jason Neely)

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