Additionally, Airbus is adjusting the A330 production rate to six a month from Q1 2016 as it transitions towards the improved and re-engined 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.
“We achieved a significant improvement in profitability and cash generation in 2014 thanks to a record order book and strong operational performance in most areas,” said Tom Enders, Airbus Group Chief Executive Officer.
“We delivered more commercial aircraft than ever before, including the first A350, and our net orders were, once again, more than twice the number of deliveries. Due to strong demand for single aisle aircraft we have decided to increase production of our A320 family to 50 aircraft per month from 2017 onwards. At the same time, we have decided to temporarily reduce A330 production to six aircraft per month in 2016.
Most importantly, we confirm the A380 break-even for 2015. We are focused on tackling our various operational challenges, including the A350 and A400M ramp-up and costs, first A320neo deliveries, boosting helicopter sales, and continuing the reshaping of our defence and space portfolio.”
Airbus has earlier revealed plans to ramp up its A350 production progressively to reach the planned rate of 10 aircraft per month by 2018.