Airbus anticipates robust year for A220, A350 freighter and A321XLR models, Bloomberg reports

Investing.com -- Airbus, the European multinational aerospace corporation, has forecast a strong year for its A220 model, higher demand for the A350 freighter variant, and continued order momentum for the A321XLR long-range model, Bloomberg reported on Thursday.

Christian Scherer, the head of Airbus Commercial, stated it was "too early" to reveal a stretched variant of the A220 within this year, Bloomberg said in a report.

The company is also aiming to penetrate the US freight market by 2025 with its A350 freighter, the report added. However, some customers are holding off on ordering the A220 due to issues with engines supplied by Pratt & Whitney.

Airbus has reiterated its goal to achieve a monthly production rate of 75 units for the A320 family by 2027. In terms of partnerships, Airbus anticipates a deal involving Spirit AeroSystems (NYSE:SPR ) and Boeing (NYSE:BA ) to close relatively soon, the report said, citing Scherer.

In addition, Airbus is preparing for potential scenarios related to trade disputes and has plans in place to respond, as per Scherer. This preparation is part of the company's proactive approach to navigate potential challenges in the international trade landscape.

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Source: Investing.com