Airbus has announced that commercial aircraft production for the A320 family is progressing towards a monthly rate of 65 aircraft by summer 2023, in a complex environment. Following an analysis of global customer demand as well as an assessment of the industrial ecosystem’s readiness, the company is now working with its suppliers and partners to enable monthly production rates of 75 in 2025. This production increase will benefit the entire global industrial value chain. Airbus will meet the higher production rates by increasing capacity at its existing industrial sites and growing the industrial footprint in Mobile, US, while investing to ensure that all commercial aircraft assembly sites are A321-capable.
On the A321XLR, the company continues to work towards a first flight by the end of Q2 2022. Initially planned for the end of 2023, the entry-into-service is now expected to take place in early 2024 in order to meet certification requirements.
Airbus reported consolidated financial results for its first quarter (Q1) ended March 31, 2022. The company reported that consolidated revenues increased 15% to €12.0 billion (Q1 2021: €10.5 billion), mainly reflecting the higher number of commercial aircraft deliveries and a favourable mix. A total of 142 commercial aircraft were delivered (Q1 2021: 125 aircraft), comprising 11 A220s, 109 A320 family, six A330s and 16 A350s.
The financial results reflect 140 commercial aircraft deliveries after the reduction of two aircraft previously recorded as sold in December 2021 for which a transfer was not possible due to international sanctions in place. Revenues generated by Airbus’ commercial aircraft activities increased 17%, mainly reflecting the higher deliveries and favourable mix. (£1.00 = €1.17 at time of publication).
