26 April 2015

Some A350 suppliers could start repatriating work to Europe.

Airbus sees continued strength in the aircraft market and may be able to increase production of its most popular jets beyond their planned rates if that trend continues.

Fabrice Bregier, chief executive of the plane making unit of Airbus Group, said he believed Airbus would eventually recapture the top plane making slot from Boeing as its new A350 jet comes into its own, but market share came second to profitable growth.

Airbus is well placed to deliver 15 wide-body A350s this year and continues to expect more orders than deliveries in 2015, he said in Paris at a briefing to French aerospace media association AJPAE.

Bregier said the weak euro would not have much short-term impact on Airbus due to hedging, but that it would provide immediate benefits to small export-oriented parts suppliers.

Some of those smaller companies in the supply chain may stop offshoring work to cheaper locations and start repatriating work to Europe as a result of currency moves, he added.

Based on the article “Airbus Upbeat On Aircraft Market” published in Reuters

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