Airbus plans to ramp up production as rival Boeing is embroiled in 737 Max crisis

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Airbus plans to ramp up production as rival Boeing is embroiled in 737 Max crisis
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Boeing has been embroiled in a crisis since its best-selling 737 Max airliner was grounded last March, following two deadly crashes.

. The U.S. aviation company has been embroiled in a crisis since its best-selling 737 Max airliner was grounded last March, following two deadly crashes.for new airplanes in the month of January. It also recorded a negative order rate for 2019 for the first time in decades, as customers either canceled or converted orders.

In contrast, Airbus reported Thursday that deliveries of the A320neo aircraft — the direct competitor to Boeing's 737 Max — rose by 43% year-on-year to 551 in 2019. The "ramp-up" continued for Airbus Cabin Flex version of the A321 plane too, the company said, with almost 100 more deliveries than in 2018.

The aerospace group also confirmed it was discussing "further ramp-up potential" for the A320 program beyond a rate of 63 planes per month. It already sees a "clear path" to further increase the monthly production rate by one or two planes that would mean it could produce 67 planes per month, by 2023."The direct competitor to the 737 Max is the A320 in the Airbus family of products.

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