Airbus posts 15% 2015 profit increase; raising A330 production in 2017

Airbus will boost A330 production to seven aircraft per month in 2017 after cutting production of the widebody to just six per month this year. Airbus had been producing 10 A330s monthly through the 2015 third quarter, but cut back to nine in last year’s December quarter and six starting in January. But as the manufacturer moves toward the transition to the re-engined A330neo, set to enter service in late 2017/early 2018, net orders for the A330 totaled 136 in 2015 and Airbus has decided to hike… (atwonline.com) More...