Airbus weighs sharp cut in A320-family jet production: sources

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......»»

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......»»

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.....»»

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......»»

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......»»

Airbus SE is delaying its planned Canadian production ramp-up of its A220 jet by a year, a company spokeswoman said on Wednesday, as the coronavirus outbreak weighs on broader airline demand for aircraft......»»

Stocks declined Monday, giving back some of the sharp gains from the previous week, as traders continued to weigh the coronavirus outlook along with a historic oil production cut......»»

Stocks declined Monday, giving back some of the sharp gains from the previous week, as traders continued to weigh the coronavirus outlook along with a historic oil production cut......»»

Production is being paused at one of the state's most prominent manufacturing plants. Airbus is halting production at its A220/A320 manufacturing plant due to the COVID-19 pandemic. According to a company release, high inventory levels at the .....»»

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

Planemakers are looking at drastic cuts in wide-body production amid a slump in demand for the industry's largest jetliners, manufacturing and supplier sources said on Thursday......»»

Flickr/Tomas Del Coro The Airbus A320 is the second best-selling airliner of all time behind the Boeing 737. Through the end of February, 2020, Airbus has sold 15,522 aircraft belonging to the A320-family compared to 15,156 orders for all versions o.....»»

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......»»

Boeing Co is leaning toward a temporary work stoppage at its twin-aisle jetliner factories due to the spread of coronavirus, people familiar with the matter said on Thursday, echoing a similar move by European rival Airbus SE ......»»

Airbus has drawn up contingency plans to slow or stop production if France is placed under a drastic lockdown due to coronavirus, 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.....»»

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.....»»

Benjamin Zhang/Business Insider Airbus assembles its hot-selling A320-family jets at a handful of factories spread around the world.  One of those assembly plants in located in Mobile, Alabama. The Mobile plant builds planes for the.....»»

Indian budget airline IndiGo is close to placing a near-record order for more than 300 Airbus A320neo-family jets worth at least $33 billion at recent catalog prices to cement its position as India's largest carrier by market share......»»

The United States is considering increasing its intelligence sharing with Saudi Arabia after Saturday's attack on Saudi oil facilities that halved the kingdom's production and jolted world oil markets, U.S. officials told Reuters......»»