092011Downloads334

092011Downloads334 - Downloads September 20, 2011: Airbus...

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Downloads September 20, 2011: Airbus Raises Long-Term Forecast. The New York Times (9/20, B10, Clark, Subscription Publication) notes Airbus "said it expected passenger traffic globally to grow at an annual rate of 4.8 percent over the next two decades, just below the approximately 5 percent average rate of the last 30 years," which much of the demand coming from Asia. Furthermore, "the majority of new jet sales were expected to be in the single-aisle category of planes like the Boeing 737 and the Airbus A320." Airbus Considers Raising A320 Production To 50 Per Month. Bloomberg News (9/20, Jasper, Rothman) reports Airbus "said it's looking at accelerating production of its single-aisle A320 series to 50 planes a month after projections for Asian economic growth prompted a 7.5 percent increase in its 20-year sales forecast." Chief Operating Officer John Leahy "said he's 'confident' Airbus will soon decide to switch to building 44 narrow-body planes a month, two more than the level planned for the end of 2012, and that it's also 'studying' the still higher rate." On CNN 9/19 Leahy claimed air traffic from 2000-2010 was up 45% and fuel consumption stayed the same! BA To Evaluate Replacements For Aging 747s.
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This note was uploaded on 10/24/2011 for the course IE 334 taught by Professor Gard during the Spring '11 term at Lehigh University .

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092011Downloads334 - Downloads September 20, 2011: Airbus...

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