{"id":117590,"date":"2021-10-27T18:00:00","date_gmt":"2021-10-27T18:00:00","guid":{"rendered":"https:\/?p=117590"},"modified":"2021-10-27T22:35:52","modified_gmt":"2021-10-27T22:35:52","slug":"ge-backs-jet-output-plans-airbus-and-boeing","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2021\/10\/ge-backs-jet-output-plans-airbus-and-boeing.html","title":{"rendered":"GE backs ‘near-term’ jet output plans at Airbus and Boeing."},"content":{"rendered":"\n

Jet engine maker General Electric is aligned with “near-term” plans of both Airbus and Boeing to ramp up production, its Chief Executive Larry Culp said on Tuesday.<\/p>\n\n\n\n

Culp, however, declined to comment on Airbus’ plan to go beyond an immediate ramp-up and almost double production of its best-selling A320 jets by 2025. This plan has drawn criticism from engine makers and aircraft leasing companies about the risk of overproduction during a fragile airline industry recovery from the pandemic.<\/p>\n\n\n\n

\u2192<\/strong> Breeze Airways unveils its first Airbus A220.<\/a><\/em><\/p>\n\n\n\n

“We will talk about those conversations with them directly behind closed doors,” Culp told Reuters<\/a> in an interview. “There is no need to have that conversation publicly at this time.”<\/p>\n\n\n\n

In May, Airbus announced a firm target of increasing A320-family production from 40 planes a month to 64 by the second quarter of 2023 and said it was asking suppliers to enable a “scenario” of 70 a month by the first quarter of 2024. The planemaker also said it was investigating rates as high as 75 by 2025.<\/p>\n\n\n\n

Industry sources say suppliers have agreed to support the firm goal of 64 a month but have yet to reach agreement on supporting the higher rates, fearing that demand would fail to meet expectations. read more<\/p>\n\n\n\n

Earlier, Raytheon Technologies Chief Executive Greg Hayes said he was skeptical whether the market would support Airbus rates as high as 75 a month. read more<\/p>\n\n\n\n

Raytheon Technologies owns Pratt & Whitney which competes with GE-Safran (SAF.PA) venture CFM to supply jet engines for the best-selling Airbus A320 family.<\/p>\n\n\n\n

By Rajesh Kumar Singh<\/p>\n\n\n\n

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