Airbus Defense and Space CEO Michael Schöllhorn believes that Russia’s aggression and the superpowers’ trade war are weakening Europe. He emphasizes the need for Europe to increase self-sufficiency in order to combat these challenges. Schöllhorn points out that geopolitical changes have already had a significant impact on the operating environment in Europe and Finland, especially in terms of defense policy.
Schöllhorn explains that Europe is facing threats from Russia’s aggression in Ukraine and the trade war between the United States and China. These challenges are putting European values at risk from multiple directions. He warns that Europe must strengthen itself or risk being overwhelmed by external pressures.
As a representative of Airbus Defense and Space, Schöllhorn discusses how the company is navigating the changing geopolitical landscape. Airbus has been able to compete with American and Chinese companies in the aerospace industry, showcasing its market dominance in both long-haul and short-haul aircraft manufacturing.
Looking ahead, Schöllhorn emphasizes the importance of enhancing Europe’s military capabilities and promoting greater cooperation among EU countries. He stresses the need for system compatibility and joint development programs in the defense industry, rather than relying on acquisitions and mergers.
With Finland celebrating its first anniversary as a NATO member, there is growing interest in defense companies like Airbus. Finland’s increased defense spending, particularly with the F-35 fighter deal, reflects a shifting focus towards strengthening national security capabilities. Schöllhorn sees potential for Airbus to provide military aircraft solutions as Finland and Sweden deepen their cooperation with NATO.
Schöllhorn also highlights Airbus’s efforts in developing unmanned aircraft and other advanced military technologies. He envisions a future where NATO members like Finland and Sweden can collaborate more effectively through shared capabilities and resources. The evolving geopolitical landscape requires European countries to adapt and bolster their defense capabilities to ensure their security
