Qatar Airways and Cargolux to part company
19th November 2012
Airbus is studying a sharp cut in output of its top-selling A320 plane series in light of industrial and delivery challenges posed by the coronavirus crisis, according to Reuters.
Airbus may have to cut its official monthly rate of 60 A320-family jets by as much as half for one or two quarters, Reuters said, to avoid a glut of undelivered jets.
Suppliers have been asked to slow their stream of parts by 40% to a rate compatible with production of 36 jets a month in the near term, one of the sources said .
A final decision is expected before the company's shareholder meeting in mid-April.
Airbus said in a statement it was "closely monitoring the evolving COVID-19 situation worldwide and is in constant dialogue with customers, suppliers and institutional partners.