Airbus mulls raising output of A320 jets on demand

Airbus mulls raising output of A320 jets on demand

Airbus’s sales chief Eric Schulz says the popularity of its plans is 'forcing' them took look at any opportunities.

Airbus-mulls-raising-output-of-A320-jets-on-demand
SINGAPORE: Airbus SE is considering increasing production rates for its best-selling single-aisle jetliners belonging to the A320 family, as airlines around the world place orders for hundreds of aircraft to meet surging demand for air travel.

“The success of the products is forcing us to look at any opportunities we can have to improve the rate,” Eric Schulz, Airbus’s new sales chief, told reporters at the Singapore Airshow on Tuesday.

“We have not come to any conclusion yet. But this is something we are looking at very very closely.”

With rising disposable incomes in many emerging markets such as China and India, more and more people are taking to the skies for the first time for business and leisure, boosting orders for the most popular A320s and Boeing Co’s 737 jets – models that form the backbone for short-haul travel.

Airbus said previously it aims to produce 60 A320s a month by mid-2019, up from an average of 50 in the first quarter of last year, across production lines in Toulouse, Hamburg and Mobile, Alabama, as well as China.

Asia Pacific is likely to have 3.5 billion passengers by 2036, adding more than double the forecast for North America and Europe combined, according to estimates by the International Air Transport Association.

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