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Airbus Delivery Goal Shows Optimism After Boeing Target Cut

  • Planemaker to lift A330 output in parallel with A350 increase
  • Enders says stable earnings and cash to support ramp-up drive
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Airbus CFO: 2015 Year of Operational Improvements

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Airbus Group SE announced plans to lift output of the aging A330 jet and predicted higher annual deliveries, indicating its confidence weeks after U.S. rival Boeing Co. shocked investors by flagging a drop in output.

The European planemaker said Wednesday it will restore A330 production to seven a month in 2017, suggesting it has come to terms with a demand dip that followed the announcement of a re-engined version due at the end of that year.