Airbus Cuts Production Plans for A330 Jet Amid Weak Demand - News Summed Up

Airbus Cuts Production Plans for A330 Jet Amid Weak Demand


LONDON—European plane maker Airbus SE is cutting back output of one of its long-range planes amid weak demand, while still struggling to deliver enough of its most popular smaller jets. Record airline-passenger numbers have driven production of some models at both Airbus and rival Boeing Co. to new highs but some wide-body planes haven’t been selling well. Airbus has had a relatively dearth of orders for its A330 and A350 long-range planes. Boeing is scrambling to find customers for its big twin-jet 777 long-range airline...


Source: Wall Street Journal April 27, 2018 05:50 UTC



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