Airbus Presses Boeing Rivalry With Jet Deal, Production Ramp-Up

(Bloomberg) — Airbus SE pledged to churn out more aircraft than ever and consolidated its ownership of the A220 jetliner, pressing home its advantage over Boeing Co. and its grounded 737 Max in the growing narrow-body market.The European planemaker said Thursday that it expects to hand over about 880 jets in 2020, building on record output last year. Deliveries of the A320-family workhorse, a direct competitor to the Max, will rise to as many as 67 a month by 2023, while the smaller A220 will also see volumes accelerate.Together, the moves are meant to draw a line under a tumultuous …read more

Source:: Yahoo Finance

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