Airbus SE plans to boost jetliner production in China, bolstering its position in what is set to be the world’s biggest aviation market and piling further pressure on Boeing Co. as the U.S. company contends with trade tensions and the grounding of its 737 MAX plane. The France-based plane maker is gaining market share while Boeing grapples with the global grounding of the MAX after two fatal crashes and a dearth of orders for larger aircraft. The U.S. aerospace giant’s efforts in China are also being hindered by the continuing...
Airbus is looking to ramp up production of jetliners in China, putting pressure on rival Boeing. France-based Airbus is gaining market share while the US firm deals with the grounding of its 737 Max fleet following two fatal crashes and the impact of the US-China trade war. Airbus will expand its Tianjin-based completion facilities for the A330 wide-body aircraft to include the larger A350 plane. It will also increase production of its 737 Max-rival, the A320neo. Airbus plans to achieve a global monthly production rate of 63 aircraft by the end of next year.