Airbus seeks to slow production
More gloomy news from the aviation sector – Airbus to slow production. Via CargoNewsAsia:
Airbus is reducing the production rates of its A320 family programme from 36 to 34 a month from October onwards, but the European planemaker said 2009 delivery targets will not be affected.
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Production rates of the A330/A340 family will be paused at the current level of 8.5 a month, and not increased further as previously planned.
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Airbus achieved a record high of 483 deliveries in 2008 and aims to achieve a similar figure in 2009. Today’s precautionary measure will not affect the 2009 Airbus delivery target.With a backlog of more than 3,600 aircraft, and the Power 8 improvement programme making good progress, Airbus is in a position to face up to the short-term challenges posed by the downturn whilst preparing for a strong future.
Having a backlog of production is a good thing in this economy, but regardless Airbus is still looking to save money. Slowing production means less work for workers now.
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