The European aerospace manufacturer was able to produce 863 aircraft last year, against a reduced target of 860 Stefano Rellandini/ReutersAirbus has beaten its aircraft delivery targets for the year and retaken the crown of the world’s largest plane manufacturer, usurping Boeing, its American rival, for the first time in eight years. The European aerospace manufacturer, which builds wings for its planes in north Wales and Northern Ireland, will report in the coming days that it has exceeded its downwardly revised target of delivering 860 aircraft in 2019. A big push through the traditional annual Christmas factory shutdowns meant that it was able to produce 863 planes for the year, according to Reuters, the news agency. Until two months ago Airbus had been forecasting that it would deliver up to 890 planes. It cut its targets citing the need for “underlying actions to secure a…

Source: The Times January 02, 2020 17:03 UTC