Airbus to raise single aisle aircraft production following strong 2013

Airbus to raise single aisle aircraft production following strong 2013By Phil Davies

Strong demand has allowed Airbus to raise the production of single-aisle aircraft.The move came as the European aircraft manufacturer reported a “sharp” rise in in orders to €218.7 billion in 2013 against €102.5 billion the previous year.

The company had an order book worth €686.7 billion at the end of the year, up from €566.5 billion a year earlier.

Net profits rose to €1.5 billion in 2013 from €1.2 billion.

Airbus group chief executive Tom Enders said: “Order intake was particularly strong for our Airbus commercial aircraft and provides a solid platform for the future growth of our group. Strong demand allows us now to increase the single-aisle production rate.”

Deliveries this year should be about the same level as in 2013, including the first long range 
A350 XWB.

Gross commercial aircraft orders should be above the level of deliveries, the company said.

Sourced from Travel Weekly

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