Bullish outlook: An Airbus A320-200 passenger jet flies above a construction site during take-off in Johannesburg. Airbus is looking at lifting build rates for its best-selling A320 narrow-bodies beyond the targeted 63 a month. — Bloomberg
LONDON: Airbus SE plans to increase jetliner deliveries to an all-time high in 2020 as it irons out production snags involving the A320 narrow-body model while Boeing Co’s rival 737 Max remains grounded.
The European planemaker aims to hand over about 880 jets, up from 863 in 2019, which was already a record. It’s targeting free cash flow of 4 billion euros (US$4.3bil), a 500 million-euro increase.
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