October 26, 2020

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Airbus keeps aircraft production stable despite large inventories | NOW

Airbus keeps aircraft production stable despite large inventories | NOW

Airbus has decided to keep aircraft production stable for the time being, despite warnings that the corona crisis will last longer than originally thought, the company’s sources said Thursday.

The European aircraft manufacturer currently produces 40 A320neos per month. Before the corona crisis, there were 60 per month.

Airbus wants to stick to the current production plan for the time being. This is good news for suppliers, but Airbus currently has around 170 aircraft in stock.

It’s not going well for Airbus because of the corona crisis. On Tuesday, the CEO said he couldn’t rule out the layoffs of employees. The company has to cut fifteen thousand jobs and hopes to do so through a voluntary severance program. In 2019, 134,000 people worked in the company.