Airbus revises production rates

AIRBUS is adapting production rates of its A320 programme from 36 to 34 a month from October 2009 onwards. In addition, the A330/A340 family will be paused at the current level of 8.5 a month and not increased further as previously planned.

 

Airbus blames the airlines slashing of capacity and delaying or even cancelling of deliveries due to the worldwide economic crisis.

Tom Enders, Airbus chief executive officer said: “We monitor the market continuously and try to be proactive. Flexibility and adaptability are essential in times of crises. We reached record production rates in late 2008, but now we are seeing a drop of air traffic in most regions. Many airlines are taking capacity out of the market. I do not exclude further production cuts if the need arises.”

Job cuts are not expected.

Airbus achieved a record high of 483 deliveries in 2008 and a spokesperson said that it still aims to achieve a similar figure in 2009. They added that the production rate cuts would not affect the 2009 Airbus delivery target.


Share this story

Related Topics

Latest news

Amerijet appoints Exp-Air Cargo as its GSSA in Canada

By Damian Brett

Freighter operator Amerijet International Airlines has appointed Exp-Air Cargo as its Cargo GSSA in the ten provinces and three territories…

Read More

Share this story

Gatwick targets cargo growth with runway plans

By Damian Brett

Gatwick Airport is hoping that plans to utilise its Northern Runway for routine operations will boost its cargo volumes. The…

Read More

Share this story

Cathay Pacific ramps up freighter network ahead of strong peak season

By Damian Brett

Cathay Pacific ramped up its freighter network to peak season levels in August, while two previously announced preighter aircraft have…

Read More

Share this story