FILE PHOTO: An IndiGo Airlines Airbus A320 aircraft takes off in Colomiers near Toulouse, France, October 19, 2017. REUTERS/Regis Duvignau/File Photo
Airbus said it had asked suppliers to “protect” a production rate of 47 A320-family jets a month, up from 40, meaning it wants suppliers to be ready to support that rate when needed. “This decision aims to provide some visibility to our supply chain and ensure that our industrial ecosystem will be adequately prepared to gradually increase production eventually, when the right conditions are met,” the spokesman said.The industry is still agonizing over a possible recovery with most analysts saying it is still too early to gauge the speed and shape of the flight path out of its worst downturn.
Holding the keys to any production increase are the breadth of available financing and the appetite of a trio of heavyweight budget carriers, industry sources said: India’s IndiGo, Malaysia’s AirAsia and Lion Air of Indonesia.
I guess that Airbus agrees with 🇺🇸realDonaldTrump 🇺🇸 that there is unbelievable pent up demand for travel and spending
Correct.
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