Airbus said yesterday it is taking the "precautionary measure" of lowering A320 family production from 36 to 34 aircraft monthly starting in October and will maintain A330/A340 production at the current level of 8.5 per month rather than increasing the rate to 10 as previously planned. CEO Tom Enders said that "no impact on employment is foreseen" owing to the production cuts. Airbus insisted its 2009 delivery target of around 480 aircraft remains in place. Based on its published numbers, it ...

Subscribe to Access this Entire Article

"Airbus cuts A320 production, cancels A330/A340 rate increase" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.