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. 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 European Commission has warned that a no-deal Brexit could cost UK firms billions of pounds as they struggle to sell their products abroad. 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.
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. The European Commission has warned that a no-deal Brexit could cost UK firms billions of pounds as they struggle to sell their products abroad. 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.