Airbus is studying a sharp cut in narrow-body production rates to accommodate industrial and delivery problems triggered by the coronavirus ...
PARIS: Airbus is studying a sharp cut in production of its single-aisle A320, its biggest-selling family of jets, to accommodate industrial and delivery problems triggered by the coronavirus crisis, three people familiar with the matter said.
An Airbus spokesman declined to comment, but said the company was in constant dialogue with suppliers and airlines. Airlines worldwide have grounded fleets and stopped taking deliveries of most new aircraft due to cash shortages and travel restrictions that have both hurt travel demand and interrupted the logistics of sending inspectors and pilots to take new jets.At the same time, Airbus faces shortages in its own supply chain as it struggles to bring production back up to previous levels after pausing activity in several factories.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Planemakers brace for sharp cuts in wide-body output: sourcesPlanemakers are looking at drastic cuts in wide-body production amid a slump in demand for the industry's largest jetliners, manufacturing and ...
Read more »
Wall Street gains as oil surge eclipses massive jobless numbersWall Street bounced on Thursday as hopes of a truce between Saudi Arabia and Russia to cut oil output drove a record 22per cent surge in prices, ...
Read more »
Exclusive: Germany ready to nationalize airline Condor - sourcesThe German government stands ready to take over airline Condor after an agreement by Polish carrier LOT to acquire the carrier is likely to ...
Read more »
Exclusive: US officials agree on new ways to control high tech exports to China - sourcesThe Trump administration is tightening rules to prevent China from obtaining advanced U.S. technology for commercial purposes and then diverting ...
Read more »
Oil jump lifts Wall St as jobless claims data surgesWall Street bounced on Thursday as hopes of a truce between Saudi Arabia and Russia to cut oil output drove a record 22per cent surge in prices, ...
Read more »