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Airbus to increase its monthly A320 production to 65 aircraft in 2022

Toulouse, France - According to some industry sources, Airbus and CFM International reached an agreement at the Paris Air Show last month to increase the production of the A320 family jets from 63 to 65 aircraft per month in 2022.

On June 14, Chief Executive Guillaume Faury announced during the Paris Air Show that the production of the A320 family will pass 60 aircraft per month in mid-2019 and reach 63 units by mid-2021.

If we look ahead, we need to continue to increase the production pace and for now we have not yet favorable responses from our engine suppliers. We hope we reach an agreement with our suppliers and be able to name the next stop after 2021 Faury said during the sidelines of Paris Air Show.

On June 28, in an interview with the French newspaper La Tribune, Philippe Petitcolin, CEO of Safran told that an agreement in principle had been reached to help their customers increase their production rates, but declined further comment.

The engine manufacturer CFM International is a joint venture of American General Electric and French Safran and it is one of the two engine suppliers of the A320 family jets with Pratt & Whitney.

According to La Tribune who cites reliable sources, CFM International agreed with Airbus at the Paris Air Show to support the manufacturer's plans to increase its production rate to 65 A320 from 2022.

Two more aircraft per month means 24 extra A320 and more than two billion euros additional turnover per year at list prices.

According to the same sources, Airbus targets to reach 75 A320 per month in the next decade. It would, in fact, fluidify Airbus' huge backlog of A320neo for which airlines have to wait for six, seven or even eight years before receiving their planes. Long waiting times dissuade airlines to place new orders, the European aircraft manufacturer thinks.