A320 production ramp up continues

Airbus is to manufacture 50 A320 aircraft a month from Q1 2017, while slowing production rates for the A330 to just six a month early next year.

Airbus is to manufacture 50 A320 aircraft a month from Q1 2017, while slowing production rates for the A330 to just six a month early next year.

The news came alongside the OEM’s final financial results for 2014, which revealed that the group's profits jumped 59 per cent and revenues increased five per cent year on year.

Airbus’ commercial aircraft arm generated revenues of €42.3bn ($47.5bn) – seven per cent higher than 2013 – and saw earnings before tax jump 68 per cent to €2.7bn ($3bn), partly as a result of a one-off charge in 2013 from the A350 programme.

In 2014, Airbus confirmed that A320 production rates were to be ramped up from 42 to 46 a month by Q1 2016, while Boeing announced it will be manufacturing 52 737s a month in 2018.

TAGS: Europe
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