Airbus CFO says A350 plane production increase not tied to Boeing troubles [MSNBC.com]
Boeing Company (The) (BA)
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Source: MSNBC.com
In this articleAn Airbus employee works on an aircraft part of the Airbus A350 at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on Feb. 29, 2024.Sebastien Salom-gomis | Afp | Getty ImagesAirbus 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 plane maker's chief financial officer."I would say it's clearly a reflection of the very strong commercial momentum that we see for the A350," Airbus Chief Financial Officer Thomas Toepfer told CNBC's Charlotte Reed on Thursday, when asked if the company was benefiting from theinstability at BoeingAirbus reported gross commercial aircraft orders of 170 in the quarter, almost half of which were variants of the A350."So [we experience] very, very strong order intake," Toepfer said, adding he anticipates that momentum will continue.watch nowVIDEO4:0904:09Airbus reconfirms its 2024 guidance despite supply chain challengesStreet Sig
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News
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- Elon Musk calls out Boeing's historic first crewed spaceflight, saying SpaceX beat them to the punch years ago [Business Insider]Business Insider
- Boeing Starliner's first crewed mission scrubbed [TechCrunch]TechCrunch
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