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Airbus sees no sign of jet order cancellations despite fuel pressures, CEO says - Finance news and analysis from Global Banking & Finance Review
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Airbus sees no sign of jet order cancellations despite fuel pressures, CEO says

Published by Global Banking & Finance Review

Posted on June 9, 2026

1 min read

· Last updated: June 9, 2026

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Finance Aerospace Aviation

Airbus CEO: Airline Demand for Jets Remains Strong Amid Rising Fuel Costs

Airbus CEO Comments on Airline Industry Resilience

Current State of Jet Orders

BERLIN, June 9 (Reuters) - Airbus CEO Guillaume Faury said he is not seeing any demand for cancellations of jet orders despite recent turmoil that has left the airline industry battered, speaking at an industry event on Tuesday.

Airlines' Response to Recent Challenges

Faury, head of Europe's largest aerospace group, said airlines had "been through hell" in recent years but were still holding onto their order books, underscoring resilient long-term demand for new aircraft.

Impact of Rising Fuel Costs and Geopolitical Tensions

Global airlines are grappling with higher fuel costs driven by the U.S. and Israel's war with Iran, which has squeezed jet fuel supplies and disrupted key air corridors, forcing carriers into costly detours, but Faury said this had yet to translate into any meaningful pullback in orders.

(Reporting by Maria Rugamer and Joanna Plucinska, editing by Thomas Seythal)

Key Takeaways

  • Airlines endure sharp fuel-price shocks (jet fuel surging from about $85–90 to $150–200/barrel), rerouted flights and airspace disruption, yet order books remain intact (investing.com).
  • European carriers face €1.7 billion extra fuel bill for 2026; global airlines deeply cut 2026 profit forecasts, but still maintain aircraft delivery plans (aviationpros.com).
  • Airbus sees no cancellations even from Middle Eastern carriers — airlines hold onto orders amid supply-chain disruption, demand resilience, and delayed deliveries of new aircraft (ca.marketscreener.com).

References

Frequently Asked Questions

Is Airbus experiencing cancellations of jet orders?
No, Airbus CEO Guillaume Faury said there is no demand for cancellations of jet orders despite industry challenges.
What pressures are airlines currently facing?
Airlines are dealing with higher fuel costs and disrupted air corridors due to geopolitical tensions.
How has recent turmoil affected airline demand for new aircraft?
Despite recent turmoil, airlines are still holding onto their order books, showing resilient long-term demand.
Why have fuel costs risen for airlines?
Fuel costs have increased due to the U.S. and Israel's war with Iran, which has squeezed jet fuel supplies.
Has higher fuel cost led to fewer jet orders?
No, higher fuel costs have not yet resulted in any meaningful pullback in orders according to Airbus.

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