Despite strong demand for new commercial aircraft, supply chain woes are forcing Airbus to delay rate targets and may make it sell parts of the space business.
Airbus no longer expects to reach its target of producing 75 A320neo family aircraft per month in 2026 and has cut back its delivery guidance for 2024.
The LCC has deferred deliveries of 120 new Airbus A320neo family aircraft to start in 2025 in hopes that the new engine technology on the aircraft will mature.
Thai Airways is building a new CFM Leap 1A engine shop at Bangkok's Don Mueang International Airport to service the airline’s incoming Airbus A321neo fleet.
ANA CEO Shinichi Inoue says the airline is on track to reinstate domestic flights in July after Pratt & Whitney GTF engine issues grounded many of its A320neos.
AirAsia has recorded its highest-ever quarterly performance and expects to increase its fleet to more than 200 operational aircraft by the end of 2024.