Airbus boosts A320 output amid 737 Max crisis

Airbus is studying a sharp cut in output of its top-selling A320 plane series amid an industry-wide slowdown triggered by the coronavirus crisis, sources familiar with the matter said......»»

Airbus will increase production of A320-family jets at its Mobile, Alabama, plant to seven a month by the beginning of 2021, adding 275 jobs, the European planemaker said on Thursday......»»

Airbus is studying a sharp cut in output of its top-selling A320 plane series in light of industrial and delivery challenges posed by the coronavirus crisis, four people familiar with the matter said......»»

The 30-year-old A320 family is Airbus's most-sold model and competes with Boeing's 737 for the bulk of airline business.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

PARIS (Reuters) - Airbus has shelved studies aimed at improving its A320neo family, designed to fend off a mid-market jet that Boeing hopes to build, two people familiar with the matter said......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Planemaker Airbus has told senior staff the company must be "resized" in plans to be set out around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus crisis, people briefed on the matter said......»»

Planemaker Airbus on Wednesday posted a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenue dropped 15% to 10.631 billion euros amid the "gravest crisis the aerospace industry has ever known"......»»

Airbus Chief Executive Guillaume Faury has told the European planemaker's 135,000 staff to brace for potentially deeper job cuts after warning its survival is at stake without immediate action to save cash amid the coronavirus crisis......»»

Video conferencing provider Zoom will release a 5.0 version of its software this week. Zoom now has 300 million users, up from 200 m.....»»

Airbus's decision to cut output of its best-selling jet by a third amid coronavirus marks a huge shift for the European planemaker, which has enjoyed virtually unbroken growth since it began competing toe-to-toe with Boeing almost 20 years ago......»»

Airbus announced plans on Wednesday to cut jetliner production across the board after the coronavirus epidemic triggered aviation's worst industrial crisis and drastically reduced deliveries to cash-starved airlines......»»

Boeing closed its last commercial aircraft manufacturing plant that remained open, the 787 Dreamliner assembly complex in Charleston, South Carolina. Airbus is halting A320 jet assembly in Mobile......»»

Reuters sources say Airbus may have to slash output of its best-selling A320 jets to counter the airline industry downturn. Julian Satterthwaite reports......»»

Airbus is studying a sharp cut in narrow-body production rates to accommodate industrial and delivery problems triggered by the coronavirus crisis, three people familiar with the matter said......»»

Europe's Airbus is grappling with labor and supply chain shortages and may only be able to restore aircraft production to some 10-20% of normal levels for now because of partial shutdowns, industry and union sources said......»»

State-run Saudi Aramco said Tuesday it will increase April production to 12.3 million barrels per day, or 300,000 more than the oil giant’s maximum sustained capacity......»»

Airbus To Cut A330 Output Amid Demand Concerns The C.....»»

After Asian shares continued to crumble on coronavirus fears, Europe got an early - if short-lived - boost from Airbus. David Pollard reports......»»