Airbus has signalled confidence in the recovery of the aviation industry from the pandemic, setting out plans for a steep ramp up in the production of its popular single-aisle passenger jets.
The European aerospace group confirmed plans to increase production of its A320 family of aircraft to 45 jets a month in the fourth quarter, and told suppliers to prepare to ramp up to a target of 64 a month by the second quarter of 2023. Airbus said in a statement that it was also exploring rates as high as 70 by early 2024 and 75 by 2025.
The company expects monthly production of its larger A350 jet to rise from five per month to six by the autumn of 2022.
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