Airbus To Increase A350 Production

Daniel-Fowkes-Profile
27 Apr 2024
2 min read
· Aircraft 
Airbus family in a formation flight including the A220, A321neo, A330neo and A350

Airbus has published its first quarter results for 2024 and outlined production increases for its A350.

During the first quarter ending March 31, Airbus delivered 142 aircraft, generating revenues of €12.8 billion. Total deliveries increased 12% year over year, and the manufacturer is hoping to build on the success enjoyed early on.

Away from revenues, Airbus also saw a net profit increase of 28% to €595 million. The manufacturer hopes to achieve 800 deliveries across its commercial aircraft program in 2024.

One of the more telling tales across the first quarter was the increased demand for its widebody, the A350. Since the introduction of the aircraft series, it has proved a popular choice for airlines in various markets.

Airbus says that, across the first quarter, it experienced further solid demand for the A350, backed by this week’s order from Indigo, cementing a solid start to Q2 as well.

Production Increases At Airbus

In response to the demand levels, Airbus says it’s confident it can increase production rates for the wide body. As part of the increase in 2028, Airbus will be looking to produce 12 A350 jets per month.

Airbus’ goal of producing 12 A350s per month also represents an increase on the previous goal. Internally, the hope was to make 10 jets per month in 2026. However, Airbus wants to build upon the strong momentum it has in the widebody sector.

Several analysts see a move to increase production of the A350 as a further power move over competitor Boeing. The American plane maker has been regressing recently because of quality and safety issues.

While production increases for the A350 are expected, the manufacturer also discussed other aircraft types. Production of the A320 aircraft is expected to hit 75 per month in 2026. Additionally, the A330 is expected to hit four per month in 2024.

Daniel-Fowkes-Profile

ABOUT THE AUTHOR

Daniel Fowkes

Daniel Fowkes is a Melbourne-based aviation analyst and journalist with over a decade of industry experience. As founder of Dj’s Aviation, he delivers trusted analysis on aircraft, airline strategy and global aviation trends for djsaviation.net

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