The chief executive of Airbus has called a lack of European collaboration on major defense projects following Russia's full-scale invasion of Ukraine "frustrating."
"That's very challenging, and it's quite frustrating to see that the responses that have been provided so far are mostly of a national nature and not much of a European nature," he said Wednesday.
"That's something we think Europe should reconsider and be more consistent, when it comes to working together on large programs."
Earlier this month, Michael Schoellhorn, Airbus' defense chief, said in a Financial Times interview that political discussions about steps toward European defence programs had so far been "lip service."
Airbus results Wednesday showed that revenues at its defense and space division fell 8% which it attributed to "delays in Space Systems and delivery phasing in Military Air Systems."
Persons:
Guillaume Faury, CNBC's Charlotte Reed, Faury, Michael Schoellhorn, Schoellhorn
Organizations:
Airbus, Air System, Financial Times, Space Systems, Military Air Systems
Locations:
Ukraine, France, Germany, Europe, European