Airbus to up production in show of confidence

Suppliers told to be ready to support a monthly rate of 47 A320neo-family planes in the second half of 2021

The Airbus A380. The company is planning to up production of the popular A320neo model next year in a show of confidence.

European planemaker Airbus is preparing to ramp up output next year of its most important jet, the A320neo, in a sign of growing confidence on its part that jetliner demand is poised to recover.

While no decision has been made, suppliers have been told to be ready to support a monthly rate of 47 A320neo-family planes in the second half of 2021, Airbus said.