Finance

Airbus CEO says lessons need to be drawn from software recall

Published by Global Banking & Finance Review

Posted on December 8, 2025

1 min read

· Last updated: January 20, 2026

Add as preferred source on Google
Airbus CEO says lessons need to be drawn from software recall
Global Banking & Finance Awards 2026 — Call for Entries

BRUSSELS, Dec 2 (Reuters) - Airbus CEO Guillaume Faury said on Tuesday that the European planemaker had turned a corner after the weekend recall of thousands of jets for a rapid software fix, but that

Airbus CEO Reflects on Software Recall Lessons Learned

BRUSSELS, Dec 2 (Reuters) - Airbus CEO Guillaume Faury said on Tuesday that the European planemaker had turned a corner after the weekend recall of thousands of jets for a rapid software fix, but that lessons need to be learned from the unprecedented global operation.

"I think we can put this behind us," he told a conference hosted by Europe's ASD aerospace and defence association, adding the emergency changeover had gone faster than expected.

(Reporting by Tim Hepher; Editing by Jan Harvey)

Key Takeaways

  • Airbus CEO Guillaume Faury addresses software recall.
  • Thousands of jets were recalled for a software fix.
  • The operation was unprecedented and global.
  • The recall was completed faster than expected.
  • Lessons are to be learned from this experience.

Frequently Asked Questions

What is a software recall?
A software recall is an action taken by a company to retrieve and fix software that has been found to have defects or issues that may affect performance or safety.
What is corporate governance?
Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled, ensuring accountability and transparency in its operations.
What is management in business?
Management in business involves planning, organizing, leading, and controlling an organization's resources to achieve specific goals and objectives efficiently and effectively.
What is technology in banking?
Technology in banking encompasses the use of digital tools and platforms to improve banking services, enhance customer experience, and streamline operations within financial institutions.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category