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Investing.com -- Airbus is experiencing improved confidence and performance from its suppliers, who are all prepared to support the company’s goal of increasing deliveries by 7% to approximately 820 jets in 2025, according to a senior company official on Monday.
Florent Massou dit Labaquère, operations chief at the European planemaker, told reporters that all aircraft needed to reach the full-year delivery target are already in assembly, and suppliers are ready to make it work.
Airbus (EPA:AIR) is also progressing toward its longer-term objective of increasing underlying output of narrow-body jets to 75 per month by 2027, Massou dit Labaquère said.
The company expects to finalize the acquisition of assets from Spirit AeroSystems in the fourth quarter of this year. The deal with the struggling aerospace supplier is part of Airbus’s strategy to strengthen its production capabilities.
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