Airbus to overtake Boeing on aircraft output rates by 2020: CEO tells paper

Date:

European aircraft maker Airbus (AIR.PA) aims to overtake arch rival Boeing (BA.N) in terms of annual plane deliveries by 2020, having fallen behind in recent years, Chief Executive Fabrice Bregier said in a German newspaper interview published on Monday.

Thank you for reading this post, don't forget to subscribe!

“In 2020 we will deliver more planes than Boeing again,” Fabrice told the Welt daily newspaper.

While Airbus has been leading in terms of new orders for years, its American rival has been ahead since 2012 in terms of deliveries.

Bregier said Airbus would particularly focus on its A320 neo narrowbody and A350 widebody planes.

He said that Airbus was hopeful it would deliver 50 A350 aircraft this year, although deliveries by the end of September stood at only 26.

(Reporting by Vera Eckert; Editing by Greg Mahlich)

 

Babatunde Akinsola
Babatunde Akinsolahttps://naija247news.com
Babatunde Akinsola is aNaija247news' Southwest editor. He's based in Lagos and writes on the Yoruba Nation political issues, news and investigative reports

Share post:

Subscribe

Popular

More like this
Related

Mbah inaugurates ESUT Governing Council

Governor of Enugu State, Dr. Peter Mbah has inaugurated...

Canada-based Nigerian playwright, Oguntokun is dead

Renowned Nigerian playwright and theatre director, Wole Oguntokun, is...

Atiku’s loyalists declare support for Tinubu, Fubara

By Daniel Abia, P/Harcourt Members of the former Rivers State...

FAAN shuts KFC outlet at MMIA

In response to a social media report by a...
Social Media Auto Publish Powered By : XYZScripts.com

Discover more from Naija247news

Subscribe now to keep reading and get access to the full archive.

Continue reading