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

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BRUSSELS (Reuters) – Executives from planemakers Airbus (PA:) and Boeing (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 (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 (N:) said that coronavirus had put discussions with Chinese customers on hold.

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