Airbus Slashes A350 Production Forecasts for 2013-2015, Les Echos Says

Airbus SAS has slashed its A350 production targets, Les Echos reported, citing estimates given to sub-contractors.

The world’s biggest commercial-aircraft maker now plans to make 10 A350s in 2013, compared with a previous target of 18, the newspaper said. Airbus cut forecasts for 2014 and 2015 to 40 and 60 from 51 and 83 respectively, the newspaper said.

The newspaper said that unidentified sub-contractors think the targets could be cut further and that the goal for 2013 may be reduced to three or four planes, the newspaper said.

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