Airbus has postponed its target of building a $10bn services business amid the coronavirus crisis, but is sticking with a strategy of supporting airline operations, a senior executive said as the company heads for a broader shake-up.

Airbus has said it wants to boost services revenues to $10bn by 2030 compared with over $4bn in 2019, mirroring a push by rival Boeing.

But the coronavirus travel crisis has hit demand for services such as spare parts and maintenance data-crunching.

Source: Aljazeera


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