An Airbus' employee works on an aircraft part of the Airbus A350 at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on February 29, 2024.
Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing, according to the French planemaker's chief financial officer.
Toulouse-based Airbus on Thursday announced plans to increase its production rate for the long-range aircraft to 12 units per month in 2028.
Airbus reported gross commercial aircraft orders of 170 in the quarter, almost half of which were variants of the A350.
Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing, according to the French planemaker's chief financial officer.
Persons:
Thomas Toepfer, CNBC's Charlotte Reed, Toepfer
Organizations:
Airbus, Boeing
Locations:
Bouguenais, Nantes, France, U.S, Toulouse