“And they continue to see a very strong demand with high prices.”That demand has collided with the industry’s limited ability to quickly increase production of planes. “We cannot make planes fast enough to satisfy the demand,” Faury said, in an interview at the company’s temporary air-show office near the runway of a small airfield here northeast of Paris. Air India briefly held the record order title with a February deal for 470 planes split between Airbus and Boeing. “We’ve had some really, really big orders,” Boeing commercial chief Stan Deal said at a press conference in Paris before the show. For years, Boeing and Airbus had a roughly 50-50 split of global orders for single-aisle planes, both plane makers’ most profitable jets.
Source: Wall Street Journal June 24, 2023 07:13 UTC