Plane maker wants to avoid supply constraints it has suffered on smaller narrow-body model
LONDON—Airbus SE decrease; red down pointing triangle, buoyed by its latest deal to sell wide-bodies to Air India Ltd., is planning to boost production rates of its two biggest models as it tries to capitalize on resurgent demand for long-haul travel, according to people familiar with the matter.
The European plane maker is planning to increase its so-called build rate for both of its currently produced wide-body aircraft, the A350 and the A330neo, according to these people. An announcement could come as early as this week, the people said, cautioning that a decision has yet to be finalized.
Airbus decrease; red down pointing triangle slashed production of its wide-body planes at the onset of the pandemic, when travel restrictions and border closures brought international traffic to a near standstill and airlines were clamoring to cancel and defer aircraft orders.
Excerpt from WSJ
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