Airbus to Increase A321 Production Capacities in France
January 21 2020 - 5:35AM
Dow Jones News
By Olivia Bugault
Airbus SE (AIR.FR) said Tuesday that it will add capacity at its
plant in Toulouse, France, for the production of its narrowbody
A321 jets.
The European plane maker will create new capabilities by
mid-2022 through the modernization of its current A320 production
system, it said.
"The new facilities will provide more flexibility for A321
production, while keeping the overall single aisle industrial
capacity in Toulouse flat," Airbus said.
Contacted by Dow Jones, a spokeswoman said that the company
hadn't set production goals yet for its new facility.
The A320neo family of jets is in high demand and there is
currently only one European assembly line based in Hamburg,
Germany, to assemble A321 jets, the company said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
January 21, 2020 05:20 ET (10:20 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Airbus (EU:AIR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Airbus (EU:AIR)
Historical Stock Chart
From Apr 2023 to Apr 2024