Airbus, Boeing executives say too early to gauge coronavirus impact on aircraft demand

BRUSSELS (Reuters) – Executives from planemakers Airbus <AIR.PA> and Boeing <BA.N> said on Tuesday that it was too early to say whether the outbreak of a new coronavirus would affect demand for aircraft.

Christian Scherer, chief commercial officer of Airbus <AIR.PA>, told an industry conference in Brussels that the coronavirus could cause an adjustment to demand for aircraft but it would not be large-scale.

“The violent cyclicality seen in the 1980s is no longer there,” Scherer said.

Ihssane Mounir, senior vice-president, commercial sales and market at Boeing Commercial Airplanes <BA.N> said that coronavirus had put discussions with Chinese customers on hold.

(Reporting by Tim Hepher and Sarah Young; editing by Alistair Smout)

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