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Airbus CEO says supply environment has stopped degrading

PARIS, Feb 16 (Reuters) - The aerospace supply chain has "stopped degrading" and will improve progressively over time but still faces disruption in 2023, Airbus Chief Executive Guillaume Faury said on Thursday.

Faury told analysts Airbus had been cautious when deciding to increase A350 wide-body production, following earlier cuts in wider industrial targets, adding "once bitten twice shy". (Reporting by Tim Hepher; editing by Jason Neely)