PARIS (Reuters) - Airbus (PA:AIR) plans to increase production of single-aisle A320-family aircraft to 63 a month, a company spokesman said, confirming press reports.
The production increase, first reported by France's La Tribune, will take effect in 2019, accelerating previous plans to lift output to 60 aircraft a month over the same period.
The plans were unveiled to suppliers in a letter earlier this month.
Over the longer term, Airbus is studying plans to raise output of its best-selling jet family to as high as 75 aircraft a month, a source familiar with the company's planning said.
Currently, Airbus is producing 55 a month, the source added.
Airbus Chief Executive Tom Enders has spoken of proposals to raise production to 70 a month over an undefined period, reflecting rising air travel and strong commercial jet demand.