AIRCRAFT MANUFACTURERS TO INCREASE OUTPUT

Both Airbus and Boeing are seeking to increase production of their most popular aircraft – a sure indication of an upturn in the cycle. Production for A320- and 737-type aircraft is being ramped up with Airbus seeking to make 44 per month, with Boeing making 42, respectively within five years. The news has been leaked by parts suppliers to the aircraft manufacturers that have been requested if such an increase in output could be achieved. Demand for narrowbody aircraft is always high but during a period of continued economic fragility, the desire to increase output by both manufacturer show they