The sky isn’t the limit for Airbus
The plane business is booming for Airbus. The only problem is that it can’t make more of them. Airbus said Wednesday that operating earnings rose 72% in Q2 from a year earlier, excluding one-off charges. The company has so far delivered 86 more commercial jets in 2019 than in the same period of 2018, and the margins on them keep growing because they are produced at a declining unit cost. It might seem like the aerospace giant is in an unbeatable position to gain market share, but there’s a catch: Both Airbus and Boeing are fully booked for at least the next 6 years. To this end, Airbus has been aggressively marketing new variants of its A321 jet. But ramping up production of these rejigged models at Airbus’s factories in Hamburg, Germany, and Mobile, Ala., has proven complicated. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-08-01/general/the-sky-isn2019t-the-limit-for-airbus
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The sky isn’t the limit for Airbus
The plane business is booming for Airbus. The only problem is that it can’t make more of them. Airbus said Wednesday that operating earnings rose 72% in Q2 from a year earlier, excluding one-off charges. The company has so far delivered 86 more commercial jets in 2019 than in the same period of 2018, and the margins on them keep growing because they are produced at a declining unit cost. It might seem like the aerospace giant is in an unbeatable position to gain market share, but there’s a catch: Both Airbus and Boeing are fully booked for at least the next 6 years. To this end, Airbus has been aggressively marketing new variants of its A321 jet. But ramping up production of these rejigged models at Airbus’s factories in Hamburg, Germany, and Mobile, Ala., has proven complicated. <br/>
