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Airbus backs jet output target amid supplier concerns - Netscape Money & Business
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Airbus to meet suppliers amid jet output concerns, sources say
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PARIS (Reuters) - Airbus stuck to ambitions for a partial recovery in jet production later this year, amid speculation that it may have to delay the move as Europe faces new coronavirus lockdowns.
FILE PHOTO: A logo of Airbus is seen at the entrance of the Jean-Luc Lagardere A380 production plant at Airbus headquarters in Blagnac, near Toulouse, France June 18, 2020. Picture taken June 18, 2020. REUTERS/Stephane Mahe
Airbus has said it wants to be in shape to raise benchmark A320-family output by 18% to 47 jets a month by July, but the goal has already slipped to the fourth quarter, according to analysts, with some saying it could slip further.
Airbus to meet suppliers amid jet output concerns, sources say - Netscape Money & Business
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By Reuters Staff
(Amends attribution of spokesman quote, adds correct exec quote)
PARIS, Jan 8 (Reuters) - Airbus is planning a summit meeting with major suppliers in coming days, amid mounting speculation that it may have to delay planned jet output increases as Europe faces a resurgent coronavirus crisis, industry sources said on Friday.
Next week’s briefing by Airbus Chief Executive Guillaume Faury for the heads of several suppliers is expected to set the manufacturing tone for the coming year.
Airbus has said it wants to be in shape to raise benchmark A320-family output by 18% to 47 jets a month by July, but the partial rebound in output towards pre-crisis levels of 60 has already slipped to the fourth quarter, according to analysts, and could slip further.