Airbus CFO says A350 plane production increase not tied to Boeing troubles [CNBC]
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Source: CNBC
Toulouse-based Airbus on Thursday announced plans to increase its production rate for the long-range aircraft to 12 units per month in 2028. “I would say it's clearly a reflection of the very strong commercial momentum that we see for the A350,” Airbus CFO Thomas Toepfer told CNBC's Charlotte Reed on Thursday, when asked if the company was benefiting from the instability at Boeing Airbus reported gross commercial aircraft orders of 170 in the quarter, almost half of which were variants of the A350. Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing, according to the French planemaker's chief financial officer. “So [we experience] very, very strong order intake,” Toepfer said, adding he anticipates that momentum will continue. 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 enou
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BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 5/3/24 - Form 8-K
- 5/1/24 - Form PX14A6G
- 4/24/24 - Form PX14A6G
- BA's page on the SEC website