Home / Companies / News / Airbus boosts wide-body production, increasing pressure on Boeing

Back

Airbus boosts wide-body production, increasing pressure on Boeing

wsj

4 min read . Updated: 16 Feb 2023, 06:19 PM IST Benjamin Katz, The Wall Street Journal

Airbus shares were trading up almost 3% midday in Europe, partially buoyed by it boosting its dividend 20% (Photo: Reuters) — Airbus shares were trading up almost 3% midday in Europe, partially buoyed by it boosting its dividend 20% (Photo: Reuters)

Plane maker says it will lift the monthly production rates of its A350 flagship wide body

Airbus SE is rapidly boosting production of its two biggest aircraft models, bringing rates close to prepandemic levels as it prepares to lure surging interest amid the recovery in international traffic.