Airbus’s decision to increase production targets for its A350 model is not related to the issues at rival Boeing, Airbus CFO Thomas Toepfer told CNBC.…
Airbus's decision to increase production targets for its A350 model is not related to the issues at rival Boeing, Airbus CFO Thomas Toepfer told CNBC.
Aviation firms globally say they are facing supply chain and production issues and contend they are struggling to meet red-hot demand from airlines for new planes quickly enough. Toulouse-based Airbus on Thursday announced plans to increase its production rate for the long-range aircraft to 12 units per month in 2028.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rampup costs weigh on Q1 but Airbus hikes A350 output goalRampup costs weigh on Q1 but Airbus hikes A350 output goal
Read more »
Can China's Comac break up the Airbus-Boeing duopoly?The Comac C919 plane is a symbol of China's plans to advance its technological self-reliance, as part of its 'Made in China' strategy. But will it be a viable alternative to the Airbus A320 and Boeing 737?
Read more »
Justice Department to meet Boeing fatal crash victims' lawyers; Boeing pays $160M to Alaska AirlinesThe U.S. Justice Department next week will meet with lawyers for families of victims of two fatal Boeing 737 MAX crashes that killed 346 people in 2018 and 2019, as the government decides whether to move ahead with a criminal case.
Read more »
FAA investigating Boeing whistleblower claims about 787 DreamlinerBoeing engineer alleges that assembly issues with Boeing's 787 Dreamliner raises safety concerns.
Read more »
Chipotle CFO explains why the chain split its stock for the first timeChipotle CFO Jack Hartung explains why the chain announced a massive stock split in an interview with CNBC’s Jim Cramer.
Read more »
EXCLUSIVE: Acne Studios Taps Montblanc Exec as CFOAcne Studio has named Hendrik Bitterschulte its new chief financial officer, effective May 2. He joins the Swedish fashion house from Montblanc.
Read more »