Europe’s largest aerospace group, Airbus, has announced a rise in full-year profits and says it will increase output of its A320 jets.<\/p>\n
Net income rose 21% to 3.6bn euros ($5bn; \u00a33bn) in 2013, a year when Airbus delivered a record 626 planes. Revenues rose 5% to 59.3bn euros.<\/p>\n
Airbus said it expected to deliver a similar number of planes this year.<\/p>\n
It also announced it would increase production of its A320 jets to 46 planes a month from 42 by 2016.<\/p>\n
“Based on the healthy market outlook for our best-selling A320 family and following a comprehensive assessment of our supply chain’s readiness to ramp-up, we are ready to go to rate 46 by Q2 2016,” said Tom Williams of Airbus.<\/p>\n
“With a record backlog of over 4,200 A320 family aircraft… we have a solid case to increase our monthly output to satisfy our customers’ requirement for more of our fuel efficient aircraft.”<\/p>\n
Airbus also said it would deliver its first A350 jet to Qatar Airways before the end of the year.<\/p>\n
It predicted that commercial aircraft orders would remain above delivery levels, and said it expected group revenues to remain stable.<\/p>\n
Last month, Airbus’s main rival Boeing said that it expected to deliver 715-725 aircraft this year, which would be an increase of at least 10% from 2013.<\/p>\n
But at the same time, the US aerospace giant warned that future revenues and profits would be lower than analysts had forecast.<\/p>\n
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Europe’s largest aerospace group, Airbus, has announced a rise in full-year profits and says it will increase output of its A320 jets. Net income rose 21% to 3.6bn euros ($5bn; \u00a33bn) in 2013, a year when Airbus delivered a record 626 planes. Revenues rose 5% to 59.3bn euros. Airbus said it expected to deliver a […]<\/p>\n","protected":false},"author":2,"featured_media":2000050571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[101],"byline":[170],"hashtag":[],"class_list":["post-12765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-internationl","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000050571,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12765.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12765.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12765.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12765.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12765.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12765.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/12765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=12765"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/12765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000050571"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=12765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=12765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=12765"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=12765"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=12765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}