航空业

EADS warns of tough two years for industry

EADS warned on the eve of the Paris air show that the next two years will become increasingly difficult for commercial aircraft makers, as airlines face rising losses and falling traffic.

Louis Gallois, EADS chief executive, said Airbus, the group's commercial aircraft division, was already aiming to cut its previously planned output levels by 15-20 per cent.

The warning from Europe's leading aerospace and defence group came as participants came together for the show, the biggest gathering this year of leaders of the global aerospace industry.

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