Airbus to Increase A320 Family Production Rate

2010 total deliveries to match previous year's record level

(March 9, 2010) -- Airbus will increase the monthly production rate for its single-aisle A320 Family from the current rate of 34 to 36, starting December 2010. The production rate for the long-range A330/A340 Family will be maintained at the current level of eight per month.

Airbus' decision to raise its single-aisle production rate is driven by the continuing demand for its eco-efficient aircraft and a record backlog in excess of some 2,300 A320 Family aircraft.

"Leading economic indices and business confidence indicators are showing an upward trend again. We see this reflected in the continuing solid demand for our eco-efficient products and our robust backlog. Thanks to our proactive order book management we have been able to keep production stable during the year of the downturn, but now it is definitely time to think ahead," said Tom Williams, Executive Vice President, Programmes. "Aviation is a long-term growth industry. With our prudent decision we will be ready when the market recovers."

Source : Airbus, an EADS N.V. company (Paris: EAD.PA) - click here for more information