ReePrime
Airbus Refuses To Reduce Production

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Airbus Refuses To Reduce Production

B
Benzinga

16 Views • Oct 25, 2021

Description

Airbus ($EADSY@Netherlands) is pushing back on calls to reduce production of the A320 jet family—one of the most popular airframes in the world. The firm believes that post-pandemic travel demand will increase, meaning its jets will remain a hot commodity. Leasing firms, however, are joining engine builders to warn Airbus that increased production could impact prices. Currently, the firm wants to complete 64 A320s a month by the 2nd quarter of 2023, increasing its output to 70 by early 2024 and 75 per month in 2025–where it only produces 40 jets a month currently. Airbus stock fell over 1 and a half percent as the news broke.