Airbus’s Plan to Ramp Up Production of Bestselling Jet Hits Snags

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Airbus’s Plan to Ramp Up Production of Bestselling Jet Hits Snags
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Airbus, the world’s biggest plane maker, tempered expectations for a dramatic ramp up in production of its bestselling jet

Airbus SE tempered expectations for sharply boosting production of its bestselling jet, blaming supply-line challenges that threaten its ambition to rapidly widen a market-share advantage it opened with Boeing Co. during the pandemic.

The plane maker reported record profit Thursday and said it would reinstate its dividend, benefiting from still-robust demand for its commercial airliners. But it dialed back the likelihood of dramatically boosting future production rates for its A320, the single-aisle rival to Boeing’s 737 MAX.

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