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Airbus executive says aviation outlook worse than expected

The logo of Airbus is seen at the Airbus Defence and Space facility in Elancourt, near Paris, France, July 1, 2020. [Reuters]

The outlook for the aviation industry has deteriorated again due to rising coronavirus infections and renewed travel restrictions, Airbus chief operating officer Michael Schoellhorn was quoted as saying on Saturday.

With air travel at a fraction of normal levels due to restrictions and travellers’ fears related to the pandemic, airlines have slowed deliveries of new aircraft.

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