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acaq
acaq
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2021-11-03
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acaq
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2021-11-02
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2021-09-27
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2021-09-24
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2021-09-23
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acaq
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2021-09-17
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S&P ends modestly lower as rising Treasury yields offset robust retail data
NEW YORK (Reuters) - The S&P 500 ended slightly down on Thursday, paring losses in late trading afte
S&P ends modestly lower as rising Treasury yields offset robust retail data
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2021-06-26
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2021-05-27
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2021-05-27
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Airbus Sets Plan to Boost Output, Igniting Aerospace Rally
Airbus SE said it’s preparing to gear up production of its best-selling A320-series jets beyond pre-
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","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884304850","repostId":"1105376345","repostType":4,"repost":{"id":"1105376345","kind":"news","pubTimestamp":1631833833,"share":"https://www.laohu8.com/m/news/1105376345?lang=&edition=full","pubTime":"2021-09-17 07:10","market":"us","language":"en","title":"S&P ends modestly lower as rising Treasury yields offset robust retail data","url":"https://stock-news.laohu8.com/highlight/detail?id=1105376345","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 ended slightly down on Thursday, paring losses in late trading afte","content":"<p>NEW YORK (Reuters) - The S&P 500 ended slightly down on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery.</p>\n<p>The three major indexes spent much of the day in negative territory as rising U.S. Treasury yields pressured market-leading tech stocks, and the rising dollar weighed on exporters.</p>\n<p>Amazon.com Inc, buoyed by solid online sales in the Commerce Department’s report, helped push the Nasdaq into positive territory.</p>\n<p>“Looking at today, clearly we had positive news from retail sales and it looks as if the massive slowdown in the economy is not materializing as a lot of people expected,” said Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina.</p>\n<p>“It’s a nice reminder that the economy is still taking two steps forward for each step back even amid the COVID concerns,” Detrick added.</p>\n<p>Economically sensitive transports and microchips were among the outperformers.</p>\n<p>Data released before the opening bell showed an unexpected bump in retail sales as shoppers weathered Hurricane Ida and the COVID Delta variant, evidence of resilience in the consumer, who contributes about 70% to U.S. economic growth.</p>\n<p>“Once again, it shows the U.S. consumer continues to spend and continues to help this economy grow,” Detrick said.</p>\n<p>The Dow Jones Industrial Average fell 63.07 points, or 0.18%, to 34,751.32; the S&P 500 lost 6.95 points, or 0.16%, at 4,473.75; and the Nasdaq Composite added 20.40 points, or 0.13%, at 15,181.92.</p>\n<p>Eight of the 11 major sectors in the S&P 500 ended lower, with materials suffering the largest percentage drop.</p>\n<p>The consumer discretionary spending sector posted the biggest gain, with Amazon.com doing the heavy lifting.</p>\n<p>Apparel company Gap Inc gained 1.6%. Online marketplace Etsy Inc and luxury accessory company Tapestry Inc rose 3.1% and 1.9%, respectively.</p>\n<p>Ford Motor Co rose 1.4% after it announced plans to boost production of its F-150 electric pickup model.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.27-to-1 ratio; on Nasdaq, a 1.06-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted nine new 52-week highs and one new low; the Nasdaq Composite recorded 82 new highs and 94 new lows.</p>\n<p>Volume on U.S. exchanges was 9.37 billion shares, compared with the 9.44 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P ends modestly lower as rising Treasury yields offset robust retail data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P ends modestly lower as rising Treasury yields offset robust retail data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 07:10 GMT+8 <a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-ends-modestly-lower-as-rising-treasury-yields-offset-robust-retail-data-idUSL1N2QI2MB><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 ended slightly down on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery.\nThe ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-ends-modestly-lower-as-rising-treasury-yields-offset-robust-retail-data-idUSL1N2QI2MB\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-ends-modestly-lower-as-rising-treasury-yields-offset-robust-retail-data-idUSL1N2QI2MB","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105376345","content_text":"NEW YORK (Reuters) - The S&P 500 ended slightly down on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery.\nThe three major indexes spent much of the day in negative territory as rising U.S. Treasury yields pressured market-leading tech stocks, and the rising dollar weighed on exporters.\nAmazon.com Inc, buoyed by solid online sales in the Commerce Department’s report, helped push the Nasdaq into positive territory.\n“Looking at today, clearly we had positive news from retail sales and it looks as if the massive slowdown in the economy is not materializing as a lot of people expected,” said Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina.\n“It’s a nice reminder that the economy is still taking two steps forward for each step back even amid the COVID concerns,” Detrick added.\nEconomically sensitive transports and microchips were among the outperformers.\nData released before the opening bell showed an unexpected bump in retail sales as shoppers weathered Hurricane Ida and the COVID Delta variant, evidence of resilience in the consumer, who contributes about 70% to U.S. economic growth.\n“Once again, it shows the U.S. consumer continues to spend and continues to help this economy grow,” Detrick said.\nThe Dow Jones Industrial Average fell 63.07 points, or 0.18%, to 34,751.32; the S&P 500 lost 6.95 points, or 0.16%, at 4,473.75; and the Nasdaq Composite added 20.40 points, or 0.13%, at 15,181.92.\nEight of the 11 major sectors in the S&P 500 ended lower, with materials suffering the largest percentage drop.\nThe consumer discretionary spending sector posted the biggest gain, with Amazon.com doing the heavy lifting.\nApparel company Gap Inc gained 1.6%. Online marketplace Etsy Inc and luxury accessory company Tapestry Inc rose 3.1% and 1.9%, respectively.\nFord Motor Co rose 1.4% after it announced plans to boost production of its F-150 electric pickup model.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.27-to-1 ratio; on Nasdaq, a 1.06-to-1 ratio favored advancers.\nThe S&P 500 posted nine new 52-week highs and one new low; the Nasdaq Composite recorded 82 new highs and 94 new lows.\nVolume on U.S. exchanges was 9.37 billion shares, compared with the 9.44 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125588313,"gmtCreate":1624680308132,"gmtModify":1633949650280,"author":{"id":"3582002430951907","authorId":"3582002430951907","name":"acaq","avatar":"https://static.tigerbbs.com/be1f7e14bb377e0487f9ffd6edf7505e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002430951907","authorIdStr":"3582002430951907"},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/125588313","repostId":"1100072036","repostType":4,"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135928446,"gmtCreate":1622127064185,"gmtModify":1634183600685,"author":{"id":"3582002430951907","authorId":"3582002430951907","name":"acaq","avatar":"https://static.tigerbbs.com/be1f7e14bb377e0487f9ffd6edf7505e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002430951907","authorIdStr":"3582002430951907"},"themes":[],"htmlText":"Like and comment. Thanks","listText":"Like and comment. Thanks","text":"Like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135928446","repostId":"2138173559","repostType":4,"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135921418,"gmtCreate":1622126971834,"gmtModify":1634183601400,"author":{"id":"3582002430951907","authorId":"3582002430951907","name":"acaq","avatar":"https://static.tigerbbs.com/be1f7e14bb377e0487f9ffd6edf7505e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002430951907","authorIdStr":"3582002430951907"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135921418","repostId":"1121857498","repostType":4,"repost":{"id":"1121857498","kind":"news","pubTimestamp":1622126802,"share":"https://www.laohu8.com/m/news/1121857498?lang=&edition=full","pubTime":"2021-05-27 22:46","market":"us","language":"en","title":"Airbus Sets Plan to Boost Output, Igniting Aerospace Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1121857498","media":"Bloomberg","summary":"Airbus SE said it’s preparing to gear up production of its best-selling A320-series jets beyond pre-","content":"<p>Airbus SE said it’s preparing to gear up production of its best-selling A320-series jets beyond pre-pandemic levels within two years, sending a jolt of optimism into an aviation sector primed for a global recovery.</p><p>Aerospace shares jumped in Europe and the U.S. after the world’s largest maker of commercial jetliners told suppliers to be ready to raise output of the narrow-body planes to a rate of 64 per month by the second quarter of 2023.</p><p>That figure could rise to 70 a month early the following year, with 75 a possibility by 2025, Airbus said in a statement Thursday. Reaching that level would almost double its current, pandemic-depressed output.</p><p>The ambitious plan stands out in an industry that’s still struggling to gain traction after Covid-19 wiped out demand for air travel. Despite short-term flareups in the pandemic, the longer-term picture has brightened with the global rollout of vaccines. Airbus and U.S. rival Boeing Co. have been showing more confidence as airlines ramp up schedules for shorter flights. Still, the industry faces its next challenge with pressure to lower carbon emissions.</p><p>“We think it is premature, but Airbus is the one with a constant dialog with airline customers, and it has called things pretty well to date,” said Sandy Morris, an analyst with Jefferies. He said he’s concerned about further disruption from the pandemic and initiatives to cut emissions. “Nonetheless, Airbus will know all that too.”</p><p>Airbus shares surged 10% to 107.50 euros in Paris for their biggest intraday gain since November. In Europe, engine and component supplier Safran SA rose 4.6%, while Rolls-Royce Holdings Plc, which provides turbines for bigger planes, advanced 4.8%.</p><p>Chicago-based Boeing was up 4.1% at 10:02 a.m. in New York, after the head of Southwest Airlines Co., a big 737 customer, told the Dallas Morning News the discount carrier could grow by “hundreds of planes.” Engine supplier General Electric Co. added 4%, while Raytheon Technologies Corp., which owns Pratt & Whitney, gained 1.8%.</p><p>Web of Suppliers</p><p>The Airbus announcement will give makers of parts ranging from engines to seats and avionics time to invest and be ready when demand returns.</p><p>Airbus’s comments are aimed partly at stress-testing its vast web of suppliers to ensure they can meet higher targets, while signaling to customers that it can comply with delivery requirements and won’t be open to order deferrals or cancellations, said Agency Partners analyst Sash Tusa.</p><p>Airbus and Boeing count on thousands of manufacturers who contribute to making commercial jetliners that can cost $100 million or more.</p><p>“The message to our supplier community provides visibility to the entire industrial ecosystem to secure the necessary capabilities and be ready when market conditions call for it,” Airbus Chief Executive Officer Guillaume Faury said in the statement.</p><p>Near-Term Jump</p><p>Airbus, based in Toulouse, France, has widened its lead in single-aisle planes over Boeing during the pandemic.</p><p>With Thursday’s announcement, the company confirmed earlier plans to raise production to 43 A320-family planes per month in the third quarter of this year, reaching 45 in the fourth quarter. The figure stands at 40 per month now, a third lower than it was when the outbreak hit in early 2020.</p><p>Airbus also plans to boost output of the smaller A220 to six per month from five in early 2022, with a 14 a month envisioned by the middle of the decade. Hitting that target will require significant further orders, Tusa said.</p><p>Boeing has also made progress getting past a global grounding of its 737 Max, the chief rival to the A320. The U.S. planemaker reiterated late last month that it plans to gradually increase production of the single-aisle jet to 31 a month in early 2022.</p><p>Wide-Body Plans</p><p>Larger twin-aisle aircraft are expected to take longer to recover as long-distance travel lags behind the rebound in regional hops. Airbus said it will keep production of its A330 planes at two per month, while looking to lift A350 output to six per month from five in the second half of 2022. Both are powered by Rolls-Royce engines.</p><p>In signaling to suppliers to prepare for the ramp-up, Airbus will be hoping to avoid a repeat of the reversal suffered after it announced an increase in production last October as coronavirus lockdowns were first lifted.</p><p>When a new wave of infection emerged it slowed down its plans in January, retreating from goal of reaching 47 A320s a month by July.</p><p>Faury will also want to be sure that both suppliers and Airbus’s own factories can cope with the stresses of record monthly rates. Airbus suffered delays in handovers prior to the pandemic as it struggled to comply with customization requests for the A321 version, prompting a cut to the 2019 delivery target.</p><p>Earlier this month, Airbus said that it had restarted work converting a French assembly line once used for its A380 super-jumbo to build single-aisle jets. It should be operational by the end of 2022.</p><p>Back in 2018, Airbus had been touting build rates of 70 or even 75 a month, but under Faury it reined in those ambitions. When the pandemic hit, the plan was to lift A320 series production to 63 a month, with Airbus looking at adding a further one or two to the total.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Airbus Sets Plan to Boost Output, Igniting Aerospace Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAirbus Sets Plan to Boost Output, Igniting Aerospace Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 22:46 GMT+8 <a href=https://finance.yahoo.com/news/airbus-sets-plan-boost-output-143418797.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Airbus SE said it’s preparing to gear up production of its best-selling A320-series jets beyond pre-pandemic levels within two years, sending a jolt of optimism into an aviation sector primed for a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/airbus-sets-plan-boost-output-143418797.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/airbus-sets-plan-boost-output-143418797.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121857498","content_text":"Airbus SE said it’s preparing to gear up production of its best-selling A320-series jets beyond pre-pandemic levels within two years, sending a jolt of optimism into an aviation sector primed for a global recovery.Aerospace shares jumped in Europe and the U.S. after the world’s largest maker of commercial jetliners told suppliers to be ready to raise output of the narrow-body planes to a rate of 64 per month by the second quarter of 2023.That figure could rise to 70 a month early the following year, with 75 a possibility by 2025, Airbus said in a statement Thursday. Reaching that level would almost double its current, pandemic-depressed output.The ambitious plan stands out in an industry that’s still struggling to gain traction after Covid-19 wiped out demand for air travel. Despite short-term flareups in the pandemic, the longer-term picture has brightened with the global rollout of vaccines. Airbus and U.S. rival Boeing Co. have been showing more confidence as airlines ramp up schedules for shorter flights. Still, the industry faces its next challenge with pressure to lower carbon emissions.“We think it is premature, but Airbus is the one with a constant dialog with airline customers, and it has called things pretty well to date,” said Sandy Morris, an analyst with Jefferies. He said he’s concerned about further disruption from the pandemic and initiatives to cut emissions. “Nonetheless, Airbus will know all that too.”Airbus shares surged 10% to 107.50 euros in Paris for their biggest intraday gain since November. In Europe, engine and component supplier Safran SA rose 4.6%, while Rolls-Royce Holdings Plc, which provides turbines for bigger planes, advanced 4.8%.Chicago-based Boeing was up 4.1% at 10:02 a.m. in New York, after the head of Southwest Airlines Co., a big 737 customer, told the Dallas Morning News the discount carrier could grow by “hundreds of planes.” Engine supplier General Electric Co. added 4%, while Raytheon Technologies Corp., which owns Pratt & Whitney, gained 1.8%.Web of SuppliersThe Airbus announcement will give makers of parts ranging from engines to seats and avionics time to invest and be ready when demand returns.Airbus’s comments are aimed partly at stress-testing its vast web of suppliers to ensure they can meet higher targets, while signaling to customers that it can comply with delivery requirements and won’t be open to order deferrals or cancellations, said Agency Partners analyst Sash Tusa.Airbus and Boeing count on thousands of manufacturers who contribute to making commercial jetliners that can cost $100 million or more.“The message to our supplier community provides visibility to the entire industrial ecosystem to secure the necessary capabilities and be ready when market conditions call for it,” Airbus Chief Executive Officer Guillaume Faury said in the statement.Near-Term JumpAirbus, based in Toulouse, France, has widened its lead in single-aisle planes over Boeing during the pandemic.With Thursday’s announcement, the company confirmed earlier plans to raise production to 43 A320-family planes per month in the third quarter of this year, reaching 45 in the fourth quarter. The figure stands at 40 per month now, a third lower than it was when the outbreak hit in early 2020.Airbus also plans to boost output of the smaller A220 to six per month from five in early 2022, with a 14 a month envisioned by the middle of the decade. Hitting that target will require significant further orders, Tusa said.Boeing has also made progress getting past a global grounding of its 737 Max, the chief rival to the A320. The U.S. planemaker reiterated late last month that it plans to gradually increase production of the single-aisle jet to 31 a month in early 2022.Wide-Body PlansLarger twin-aisle aircraft are expected to take longer to recover as long-distance travel lags behind the rebound in regional hops. Airbus said it will keep production of its A330 planes at two per month, while looking to lift A350 output to six per month from five in the second half of 2022. Both are powered by Rolls-Royce engines.In signaling to suppliers to prepare for the ramp-up, Airbus will be hoping to avoid a repeat of the reversal suffered after it announced an increase in production last October as coronavirus lockdowns were first lifted.When a new wave of infection emerged it slowed down its plans in January, retreating from goal of reaching 47 A320s a month by July.Faury will also want to be sure that both suppliers and Airbus’s own factories can cope with the stresses of record monthly rates. Airbus suffered delays in handovers prior to the pandemic as it struggled to comply with customization requests for the A321 version, prompting a cut to the 2019 delivery target.Earlier this month, Airbus said that it had restarted work converting a French assembly line once used for its A380 super-jumbo to build single-aisle jets. It should be operational by the end of 2022.Back in 2018, Airbus had been touting build rates of 70 or even 75 a month, but under Faury it reined in those ambitions. When the pandemic hit, the plan was to lift A320 series production to 63 a month, with Airbus looking at adding a further one or two to the total.","news_type":1},"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}