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Airbus says the new line will create 700 jobs by 2026, about half the full-time total when the world's largest jet was built there, while supporting a fabric of thousands of suppliers. It is the eighth assembly line for the A320 family, with previously announced expansion plans in the United States and China due to bring the worldwide total to 10. Its opening comes as competition between Airbus and arch-rival Boeing (BA.N) shifts towards production strategy, with both companies struggling to deliver on bulging order books. Environmental critics say burgeoning sales of the current generation of jets will make it harder to meet climate goals. Le Maire told Reuters aircraft like the A321 still offered significant savings in emissions compared to jets they replace.
Persons: Luc Lagardere, Bruno Le Maire, Emmanuel Macron, Le Maire, Tim Hepher, Richard Lough, David Evans Organizations: Airbus, French Finance, Boeing, Concorde, Reuters, Thomson Locations: TOULOUSE, France, Toulouse, United States, China
This is the latest in a series of rules the Biden administration has proposed to boost airline consumer protections. "Airline passengers deserve to know the full, true cost of their flights before they buy a ticket," said U.S. Transportation Secretary Pete Buttigieg. Last month, Buttigieg told Reuters airline rules were in need of a "refresh." In July 2021, USDOT proposed rules to require airlines to refund fees for significantly delayed bags and refunds for services like onboard Wi-Fi that do not work. Under existing U.S. rules, passengers are entitled to a fee refund if bags are lost, but not when delayed.
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