| 16 June 2021, Wednesday | النسخة العربية

Airbus plans increasing production as it eyes post-Covid recovery

Airbus, the world’s largest planemaker, have plans to boost production, saying it sees a recovery to pre-pandemic levels of demand by 2025.

The company said it would increase output of its A320neo by more than 10 percent, from 40 planes a month to 45 by the end of this year.

Airbus, which builds its wings in the UK, also set a new target of 64 planes a month by the second quarter of 2023.

“The aviation sector is beginning to recover from the Covid-19 crisis,” said chief executive Guillaume Faury.

The move by Airbus comes at a time when airlines are still fighting to remain financially viable.

Restrictions on international travel because of the coronavirus crisis have reduced flights to a bare minimum.

Despite this, the planemaker is looking ahead. It says it expects the commercial aircraft market to recover to pre-Covid levels between 2023 and 2025, led by single-aisle aircraft, which typically carry 200-250 passengers and fly on shorter routes.