A look at the week
By Jordan Chong
Airbus presented its outlook for commercial aircraft production this week with forecasts for its A220, A320, A330 and A350 programs stretching to the middle of the decade.
The likely production rates offered an indication of the air framer's expected recovery path from COVID-19 and gave notice to suppliers to prepare for record production.
Airbus said the production rate of its A320 family would rise from 45 aircraft a month by the fourth quarter of this year to 64 airplanes monthly by mid-2023. And while it was not a firm commitment, Airbus also told suppliers to "enable a scenario" of 70 A320 family aircraft a month by early 2024 and potentially 75 a month by 2025. Read More »