Airbus plans to ramp up production next year despite continued supply chain disruptions, according to the Wall Street Journal. Airbus is now extending its lead over rival Boeing in the key market for small jets.
Airbus confirmed plans to increase production of A320s to 65 aircraft per month by early 2024 from about 50 at the end of this year, one of the fastest production increases in the company’s history.
The move comes as demand for the Airbus A320 narrow-body family of aircraft outpaces the Boeing 737 MAX and both aircraft manufacturers grapple with ongoing supply chain issues, the U.S. media noted.
Despite supplier delays, Airbus is sticking to its goal of delivering 700 commercial aircraft this year, and it had delivered 437 aircraft to customers by the end of September and needs to deliver 263 in the last three months of the year.
