Airbus Shelves Plan To Add New A321 Assembly Line
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April 10, 2020 - by Tim Hepher, Johanna Decorse; editing by Jason Neely and Jane Merriman for reuters.com
PARIS/TOULOUSE (Reuters) - Airbus (AIR.PA) has shelved plans to create a new assembly line in Toulouse, France, for its A321 airliner as the company wrestles with the coronavirus crisis.
Airbus announced plans for the line in January when its problem was how to meet record demand for the jet from its site in Hamburg, Germany, which has struggled to accommodate the extra hours and complexity involved in making Airbus's most ambitious single-aisle jet.
Although the plan to convert the company's A380 production plant in Toulouse, which is winding down, remains on the table, the urgency to go ahead with it has disappeared with the financial pressures of the coronavirus crisis, industry sources said.
"Our plans for an A321 line...
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