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  -2.32 -2.0% 113.40 112.80 114.00 114.46 112.18 114.00 2,241,374 16:40:00

Airbus Confident in Raised Production Targets, CCO Says

22/09/2021 7:27am

Dow Jones News


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By Julien Marion

 

Airbus SE's order book is strong enough to assure production will continue to grow as previously guided, and could perhaps be raised further, according to the European plane maker's chief commercial officer.

Airbus in May said that it was stepping up production, targeting a monthly production of 64 planes of the A320 family by the second quarter of 2023, a higher rate than before the pandemic. Group CCO Christian Scherer told journalists late Tuesday that he was confident that the order book is currently strong enough to ensure this level of production, and that it could even go higher.

Demand is returning to the sector, particularly in Europe, Mr. Scherer said.

 

Write to Julien Marion at jmarion@agefi.fr

 

This story was translated in whole or in part from a French-language version initially published by L'Agefi-Dow Jones.

 

(END) Dow Jones Newswires

September 22, 2021 02:12 ET (06:12 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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