Aircraft
Airbus Cuts Monthly Production Rates by One-third
Monthly A320 rates will fall from 60 to 40, while A330 rates decline to two and A350 rates to six.
Airbus A320 production rates will fall from 60 to 40 as part of a retrenchment amid the Covid-19 crisis. (Photo: Airbus)
Airbus A320 production rates will fall from 60 to 40 as part of a retrenchment amid the Covid-19 crisis. (Photo: Airbus)

A highly anticipated plan to cut monthly production rates at Airbus took effect Wednesday, as the company revealed that 60 airplanes it produced during the first quarter remain undelivered to customers due to the Covid-19 crisis. The company delivered 35 aircraft in March, down from 55 in February, reflecting customer requests for delivery deferrals and what Airbus called other factors related to the pandemic.