Business & Finance

Reuters exclusively reports Airbus turns up heat on suppliers over production and quality

Reuters exclusively reported that European planemaker Airbus has ordered suppliers, via a letter in late March, to demonstrate as soon as possible that they are factory-fit for increased single-aisle jet output. The straight-shooting letter from Airbus, seen by Reuters, highlights a slim margin for error as the world’s largest planemaker reboots an industrial ecosystem weakened by a global travel slump. Reuters reported last week that Airbus had told suppliers to be ready for output of 53 A320neo-family jets a month by the end of 2022, up from current monthly output of 40 and a target of 45 by end-2021.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Aerospace & Defence
Regions: North America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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