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Airbus government says output objective primarily based on jet offers

BOGOTA, Oct 25 (Reuters) – A senior Airbus (AIR.PA) official on Monday defended the European planemaker’s output targets after it clashed with leasing corporations anxious about overproduction of jetliners.

Airbus hopes to nearly double manufacturing of its best-selling A320 household as air journey gathers tempo following the coronavirus disaster. Critics have accused it of ignoring the affect on jet costs and repair revenues.

“The key to all this is that we have these firm contracts with our clients – we cannot say that we are not going to respect those contracts because we think they are too many for the business,” mentioned Airbus Latin America president Arturo Barreira, on the sidelines of the ALTA airline convention in Bogota.

“We have those commitments with our clients, so the demand is there and we are seeing that the interests of many airlines to improve the fleet are being reactivated,” he informed Reuters.

Industry sources mentioned earlier on Monday Airbus had rebuffed requires output restraint from leasing corporations, which worry the impact of an excessive amount of manufacturing on the worth of present belongings. learn extra

The dispute deepens an business cut up over post-COVID demand after Airbus additionally obtained flak from engine makers and different suppliers over the tempo of its deliberate output will increase.

Reporting by Carlos Vargas
Writing by Tim Hepher; Editing by Sam Holmes

A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit Tessier