Airbus: Suppliers should plan for 18% output hike in A320 in 2022, Reuters says

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

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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......»»

HAMBURG (Reuters) - Engine makers Pratt & Whitney and CFM are on track with a recovery plan after delays left Airbus having to park dozens of aircraft without engines, an executive at the European planemaker said on Thursday......»»

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The bank upgraded its 2022 GDP projection but warned that rebounding rent costs are flashing "signs of more persistent inflationary pressures." President Joe Biden. Mike Segar/Reuters Morg.....»»

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......»»

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 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 pandemic is taking its toll on aerospace manufacturing, as Boeing Co announced it would halt production of most widebody jets and Airbus SE restarted only partial output after a four-day shutdown as suppliers cut jobs......»»

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......»»

The European jet maker is converting its old A380 superjumbo factory in Toulouse, France, to "a digitally-enabled" jet A321 line while investing $40 million in Alabama and hiring 275 workers......»»

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......»»

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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.....»»

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