Airbus to Ramp Up Monthly Production of Aircraft
Entry-into-service for the A321XLR is expected to take place in Q2 2024.
Amsterdam, 16 February 2023 – In reporting consolidated Full-Year (FY) 2022 financial results and providing guidance for 2023, Airbus SE also mentioned that it would increase the monthly production of its aircraft by 2024.
On the A320 Family programme, the ramp-up trajectory has been adapted with suppliers. The Company is now progressing towards a monthly production rate of 65 aircraft by the end of 2024 and 75 in 2026. Entry-into-service for the A321XLR is expected to take place in Q2 2024.
The A330 monthly production rate increased to around 3 at the end of 2022 as planned and the Company now targets to reach rate 4 in 2024.
The A350 monthly rate is now around 6 aircraft. In order to meet the growing demand for widebody aircraft as international air travel recovers, and following a feasibility study with the supply chain, the Company is now targeting a monthly production rate of 9 A350s at the end of 2025.
On the A400M programme, development activities continue towards achieving the revised capability roadmap. Retrofit activities are progressing in close alignment with the customer, said Airbus.
“The industry continued its recovery during 2022, with air traffic increasing and airlines turning to their long-term fleet planning. We delivered solid financials despite an adverse operating environment that prevented our supply chain from recovering at the pace we expected. The Company had to adjust its operations accordingly, which led to lower commercial aircraft deliveries than originally planned. We are adapting our production to match supply,” said Guillaume Faury, Airbus Chief Executive Officer. “As we move forward in 2023 we are focused on our industrial activities and the longer-term transformation of the Company. The solid 2022 financial performance and our confidence in the future lead us to propose a higher dividend payment this year.”