Airbus increases pressure on suppliers to cut production costs of A220 jet [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Airbus increases pressure on suppliers to cut production costs of A220 jet Europe’s Airbus is ratcheting up pressure on suppliers like United Technologies to cut costs for its Canadian-developed A22 jetliner as it expands factory facilities to cope with anticipated demand for the former Bombardier model. Long seen as low on the list of priorities for top suppliers as Canada struggled to break into the main airliner market, the A22 now has the clout of the world’s second largest plane maker behind it after Airbus bought the loss-making project last year. Philippe Balducchi, head of an Airbus-led venture which took over production last July, said the plane maker was looking for a “significant double-digit” percentage reduction in costs but played down suggestions that it could slash costs by half. Story continues below advertisement Speaking at the Mirabel airplane plant outside Montreal which Bombardier now shares with Airbus, Balducchi indicated the bulk of the reduction in costs woul
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