Airbus raises A350 output goal as Q3 profits jump 21% at $1.08 bn
Production on the company's main profit-generating programme the Airbus A320 family, is "progressing well" towards a previously announced target of 75 a month in 2026, Airbus said
Airbus raised a production goal for wide-body A350 jets and reaffirmed financial and delivery targets for 2023 as it posted higher underlying third-quarter profit on Wednesday, with sharply higher jet income dampened by charges in satellites.
The world's largest planemaker said it was aiming to return to pre-COVID levels of 10 A350 jets a month in 2026, up from a previous goal of nine a month by end-2025. Other industrial targets, including 720 jet deliveries in 2023, were unchanged.
Adjusted operating earnings came in at 1.013 billion euros ($1.08 billion) in the quarter, up 21%, as ...