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Airbus CFO says A350 plane production increase not tied to Boeing troubles - TL;DR CNBC

Airbus CFO says A350 plane production increase not tied to Boeing troubles

Publishing timestamp: 2024-04-26 09:22:24


Summary

Airbus is increasing production of its A350 model due to strong consumer demand, not because of issues at rival Boeing. Airbus is facing supply chain challenges but is working to secure the supply of important work packages from manufacturer Spirit. Quarterly results for Airbus missed expectations, while Boeing posted a quarterly loss.


Sentiment: NEUTRAL

Tickers: AIR-FR

Keywords: airbus seairlinesbusiness newsmarketsbreaking news: marketsearnings

Source: https://www.cnbc.com/2024/04/26/airbus-cfo-says-a350-plane-production-increase-not-tied-to-boeing-troubles.html


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