Airbus Limits A220 Production At Its Plant In Mirabel, Quebec, Canada
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November 13, 2020 - by Charlotte Ryan Bloomberg for www.thestar.com
Airbus SE is seeking to spur demand for its smallest jetliner by pitching the A220 model as a tool for cutting costs and trimming capacity in the post-coronavirus travel market.
The European company, which took control of the former Bombardier Inc. jet (CSeries for $1) in 2018, is also promoting its ability to fulfil multiple roles spanning short hops between cities to longer trips on routes with limited demand, Antonio Da Costa, Airbus's marketing chief for single-aisle planes, said in an interview.
"We can't say we're in a seller's market, but we do see good prospects," he said. "The A220 is well placed because it offers low operating costs, a flexible platform for long and short missions, and is building on a good market basis."
Still, the company has put plans to boost production on hold given current volatility, he said, and will limit A220 output...
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