EADS Bullish on Airbus, Raises Order Projection to More Than 400
EADS has raised its order projection for its Airbus unit this year to more than 400 aircraft from its previous estimate of between 250 and 300 following a
Improved sales have convinced Airbus parent company EADS to raise production rates for its A320 family of narrow-bodied airliners to 38 units per month by August 2011 and to 40 units by the second quarter of 2012. (Copyright Airbus)
Improved sales have convinced Airbus parent company EADS to raise production rates for its A320 family of narrow-bodied airliners to 38 units per month by August 2011 and to 40 units by the second quarter of 2012. (Copyright Airbus)

EADS has raised its order projection for its Airbus unit this year to more than 400 aircraft from its previous estimate of between 250 and 300 following a better-than-expected sales showing at last month's Farnborough airshow and indications of further strengthening in the narrowbody market in particular. Late last month Airbus said it would raise the monthly production rate of its A320 series aircraft to 38 per month in August 2011 and to 40 per month in first quarter 2012. The company currently turns out 34 A320s per month and plans to raise that its rate to 36 in December.