Airbus exec says demand strong, sees dawn of wide-body recovery

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The planemaker faces extreme uncertainty over its supply chains but remains confident of its ability to raise narrowbody jet output by 50% over the next three years compared with current output “cruising past 50” jets a month, he said.

Scherer said on the sidelines of an airline industry summit that tentative new demand for larger long-haul jets could push that segment of the market out of the doldrums and into “undersupply” by the mid-2020s or the second half of the decade.