Airbus, Boeing spar over jet output strategy
[ISTANBUL] Airbus and Boeing have clashed over jet production, with the European planemaker questioning the viability of its rival's proposals to hike output and Boeing insisting that it will only build the number of jets that its buyers and suppliers can handle.
A debate over the sustainability of record production and burgeoning orders for jetliners dominated an aviation gathering in Istanbul, where a minority of participants expressed fears of a glut while most remained confident about air transport growth.
Despite the economic downturn, aircraft demand has been rising as cash-starved airlines upgrade to new fuel-saving models and emerging markets give rise to a boom in air travel.
TRENDING NOW
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Seatrium allocates S$200 million for new share buyback programme
32 companies, 6 individuals bag accolades at Singapore Corporate Awards 2026
Stocks to watch: Mapletree Logistics Trust, Seatrium, Keppel DC Reit, Food Empire