Iran war and trade tensions dampen Airbus long-term growth outlook

Airbus (AIR.PA) on ​Wednesday revised down its 20-year industry-wide forecast for passenger aircraft demand by 1 per cent after the Iran war and trade tensions slammed ‌the brakes on what had been a sharp rebound in airline activity since the COVID-19 pandemic.

The world’s largest planemaker said it still expected robust jet demand led by Asia, which is expected to account for about half of all deliveries, but that back-to-back tariff and Gulf crises had taken the wind out ​of earlier growth...