LEIDEN, Netherlands - Currently, there is a focus on Boeing having to keep with a new reality regarding the demand for new aircraft. That new reality is not unique to the American jet maker and holds as much for its European peer, Airbus. The new reality we are seeing on the aircraft market is one that lacks meaningful growth in the near term and also in the longer term, growth might remain absent. It is the growth that is absent now that has dictated upward pressure on deliveries for years. With that pressure gone, I expected that production rates would come down without delay. In this report, I will have a look at the production rate cuts Airbus is making, writes Dhierin Bechai for Seeking Alpha. Continue reading original article.
The Intelligent Aerospace take:
April 13, 2020 - Bechai reports that Airbus has reduced its production rate of its A320 from 60 aircraft per month to 40. Seeking Alpha predicted Airbus to deliver 588-595 wide- and narrow-body commercial aircraft this year. An annualized rate of production shows Airbus deliveries are set to fall by around 300 units.
Jamie Whitney, Associate Editor