Airbus to Slow Jet Production

Feb. 19, 2009
Statement claims no foreseen impact on employees.

PARIS -- European jet maker Airbus said Thursday it will cut production of its A320 family of short and medium-range commercial passenger aircraft - to 34 a month from 36 now - to adapt to slowing demand from airlines.

The change will take effect from October and will have no impact on Airbus deliveries this year, which are still seen around the same level as last year, Airbus said in a statement.

"At the moment, no impact is foreseen on employees," Airbus added.

The jet maker said it will also keep production of its A330/A340 medium- and long-range aircraft at 8.5 planes per month, as opposed to increasing it to 10 per month as was planned last year.

"This decision reflects Airbus' current point of view on market demand, at a time when airlines are adapting capacity and uncertainties surrounding the global economic crisis persist," Airbus said in a statement.

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