Production of the A320 and A321 has slipped from 60 a month to 40, but is expected to reach 64 a month by the spring of 2023Airbus has told its suppliers to prepare for record levels of production of its A320 family of single-aisle passenger jets within two years as it gears up for a recovery in short-haul flying. Production of its A350 long-haul aircraft, which are powered by Rolls-Royce engines built in Derby, is also increasing, though at a slower rate. SponsoredThat is goods news for the Franco-German aircraft manufacturer’s UK supply chain, where 6,000 workers produce plane wings at its factory in north Wales. Shares of British companies involved in that supply chain took off, albeit from very depressed levels after the Covid-related aviation and aerospace recession of the last 15 months. Rolls’ stock led the FTSE 100 up this afternoon, with a 5 per cent increase, 5¼p better

Source: The Times May 27, 2021 15:56 UTC