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Birmingham Post
Birmingham Post
Business
Hannah Baker

Airbus to ramp up production despite 'challenging' economic outlook

Airbus is planning to ramp up production of its A320 family of aircraft despite challenges facing the aerospace sector amid the war in Ukraine and strains in the economy.

The company, which employs thousands of people at its UK sites in Filton, South Gloucestershire, and Broughton, North Wales, made the announcement as it reported its Q1 results.

The business reported a 15% rise in revenues to €12bn, mainly reflecting the higher number of commercial aircraft deliveries. A total of 142 commercial aircraft were delivered - up from 125 in the same period in 2021 - including 11 A220s, 109 A320 Family, six A330s and 16 A350s.

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