Airbus has decided to further increase the production rate for its A320 Family to 50 aircraft per month from Q1 2017, matching market demand. Additionally, Airbus is adjusting the A330 production rate to six a month from Q1 2016 as it transitions towards the A330neo.
With over 11,500 Airbus single aisle aircraft sold and more than 6,400 delivered to 317 operators, the A320 family which includes the A319, A320 and A321, is the world’s best-selling and most modern single aisle family.
Boeing (Chicago and Seattle) announced today that it will increase production on the 737 program to 52 airplanes per month in 2018 in response to strong market demand from customers worldwide. Once the increase is implemented, the 737 program is expected to build more than 620 airplanes per year, the highest rate ever for the world’s best-selling commercial airplane.
Boeing currently produces 42 airplanes per month at its Renton, Wash., factory, and the company previously announced plans to increase the production rate to 47 airplanes per month in 2017.
The 2014 Current Market Outlook, Boeing’s long-term forecast of air traffic volumes and commercial airplane demand, projects a need for more than 25,000 single-aisle airplanes over the next 20 years, worth $2.56 trillion total market value.
To date, 266 customers worldwide have placed more than 12,100 orders for the single-aisle airplane – including more than 6,800 orders for the Next-Generation 737 and more than 2,200 orders for the 737 MAX. Boeing currently has more than 4,000 unfilled orders across the 737 family.
The production rate increase announced today is not expected to have a significant impact on 2014 financial results.
Copyright Photo: Michael B. Ing/AirlinersGallery.com. Boeing Corporate 737-7BC (BBJ) N835BA (msn 30572) arrives in Los Angeles.
The first Boeing (Chicago and Seattle) Next-Generation 737 to be built at the increased rate of 42 airplanes per month rolled out of the factory in Renton, Washington yesterday (march 19). The 737-800 will soon be delivered to Airberlin (Berlin-Tegel) and ultimately leased to Transavia France (Paris).
The airplane will now undergo functional, systems and flight testing over the next three weeks before being delivered.
Market demand remains strong for the Next-Generation 737, the world’s best-selling commercial jetliner. Since 2010, production has risen about 33 percent, from 31.5 to 42 airplanes a month. As previously announced, the production rate is scheduled to increase to 47 airplanes a month in 2017.
Airbus (Toulouse has decided to increase production of its single-aisle A320 family to 46 a month in the second quarter of 2016, up from the current rate of 42. The new higher production rate will be achieved gradually, with an intermediate step at 44 aircraft per month in the first quarter of 2016.
Over the past five years, Airbus has steadily increased A320 Family production, going from rate 36 at the end of 2010 to a rate of 38 in August 2011, then up to rate 40 in the first quarter of 2012 to reach 42 per month in the fourth quarter of the same year.
With over 10,200 Airbus single aisle aircraft sold and more than 5,900 delivered to nearly 400 customers and operators, the A320 Family, which includes the A318, A319, A320 and A321, is the world’s best-selling and most modern single aisle aircraft family.
With a total of 2,610 orders the A320neo Family has captured some 60 percent of the market, clearly demonstrating its leadership. Incorporating new more efficient engines and Airbus’ “Sharklet” large wing tip devices, these new aircraft are set to deliver fuel savings of up to 15 percent.
Boeing (Chicago and Seattle) is starting assembly this week of the first Next-Generation 737 to be built at the increased rate of 42 airplanes per month. Since 2010, production of the 737 has increased about 33 percent, from 31.5 to 42 airplanes a month, its highest rate ever.
Early Wednesday morning, mechanics will load initial parts of the spars – internal support structures in the wings – into an automated spar-assembly machine. The spar is the first step in building the wings and marks the start of the assembly of the airplane at the Renton, Washington factory.
The first Next-Generation 737 built at the new rate is scheduled to be delivered in the second quarter. As previously announced, the 737 production rate is scheduled to increase to 47 airplanes a month in 2017.
Read the analysis by Bloomberg Businessweek: CLICK HERE
Copyright Photo: Michael B. Ing/AirlinersGallery.com. Boeing 737-852 XA-AME (msn 36708) of AeroMexico approaches the runway at Los Angeles International Airport.
Boeing (Chicago) has just announced that it will adjust the production rate for the 747-8 program from 1.75 airplanes to 1.5 airplanes per month through 2015 because of lower market demand for large passenger and freighter airplanes.
The company expects long-term average growth in the air cargo market to begin returning in 2014, and forecasts global demand for 760 large airplanes (such as the 747-8) over the next 20 years, valued at $280 billion.
The 747-8 family provides airlines with double-digit improvements in fuel efficiency, operating costs and emissions, while being 30 percent quieter and adding more capacity. To date, the 747-8 has accumulated 107 orders for passenger and cargo versions, 56 of which have been delivered.
The first delivery at the new production rate is expected in early 2014. The production rate change is not expected to have a significant financial impact.
Copyright Photo: Nick Dean/AirlinersGallery.com. Boeing 747-8KZF N50217 (JA12KZ) (msn 36137) climbs away from the runway at Paine Field near Everett, WA.