From CNBC: 2024-04-26 09:22:24

Airbus is increasing production of the A350 due to high demand, not Boeing’s crisis. The company plans to produce 12 units per month in 2028 as orders soar, with 170 commercial aircraft ordered in the last quarter. Supply chain challenges persist, impacting production. Quarterly earnings fell short of expectations.

Boeing cut 737 Max output amidst crisis fallout. Airbus faces supply chain issues and discusses efficiencies with Spirit amid Boeing takeover talks. Airbus quarterly results disappoint, with a 25% year-on-year decline in operating profit. Boeing posts a quarterly loss of $355 million, as demand remains high for both aviation giants.



Read more at CNBC:: A350 plane production increase not tied to Boeing troubles