AIR TRAVEL
Airbus and Boeing look at stepping up aircraft production
Singapore — The world’s largest aircraft manufacturers have signalled a possible increase in output of their most popular passenger jets, highlighting their confidence about growth in demand for air travel. Although new orders have dwindled following a seven-year boom, executives at the Singapore Airshow suggested Airbus and Boeing have enough business in their bulging order books to speed up their already record production of narrowbody jets. "The success of the product is forcing us to look at any opportunities we have to improve the rate," Airbus sales chief Eric Schulz. "We have not come to any conclusion yet but this is something we are looking at very closely." Schulz, who has been recruited from Rolls-Royce to replace retired sales chief John Leahy, shrugged off concerns about the ability of the supply chain to keep up with higher production rates. "I think the supply chain will be able to cope and we will be able to raise rates as needed in the market," he said. His comments...
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