DGAP-Adhoc: Airbus Group N.V.: Airbus to adjust A330 production rate to nine a month

Airbus Group N.V.  / Key word(s): Miscellaneous

17.10.2014 08:00

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Ad-hoc release, 17 October 2014

Airbus to adjust A330 production rate to nine a month 
Transition towards A330neo 

Airbus has decided to adjust the production rate for its A330 Family from
the current rate 10 to 9 aircraft a month in Q4 2015 as it transitions
towards the A330neo.

Since 2013, Airbus has been building 10 A330 Family aircraft each month,
the industry's highest ever production rate for this aircraft size
category, reflecting the strong success of Airbus' market leading widebody
family.

"Our role as an aircraft manufacturer is to anticipate and adapt our output
to ensure we continue to maintain a smooth production flow for Airbus and
for our supply chain," said Tom Williams, Airbus' Executive Vice President
Programmes. "With the recent commercial success we've seen following the
launch of the A330neo, in addition to the new 242 tonne weight variant and
the A330 optimised for regional routes, we are confident we will sustain a
steady production through the A330neo ramp up period."

The A330 Family, which spans 250 to 300 seats, and includes Freighter, VIP,
and Military Transport/Tanker variants, has now attracted more than 1,300
orders, with over 1,100 aircraft flying with more than 100 operators
worldwide. The A330 is one of the world's most efficient aircraft with best
in class operating economics. With numerous on-going product enhancements
entering service in the coming years, such as the more capable 242 tonne
take-off-weight variant, the A330 for regional and domestic routes and the
A330neo, the A330 Family remains the most cost-efficient and capable
widebody aircraft, averaging operational reliability above 99 percent. The
A330 belongs to the successful Airbus Widebody aircraft Family, which
comprises the A330, A350 XWB and A380, and uniquely spans the 250 to over
500 seats segment.

Contacts for the media:

Airbus

Marie Caujolle  +33 6 72 96 34 85

Airbus Group
Martin Agüera  +49 175 227 4369  
Rod Stone   +33 6 30 521 993

Airbus Group

Airbus Group is a global leader in aeronautics, space and related services.
In 2013, the Group - comprising Airbus, Airbus Defence and Space and Airbus
Helicopters - generated revenues of EUR 57.6 billion (restated) and
employed a workforce of around 139,000 (restated).


17.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Airbus Group N.V.
              P.O. Box 32008
              2303 DA Leiden
              Netherlands
Phone:        00 800 00 02 2002
Fax:          +49 (0)89 607 - 26481
E-mail:       ir@eads.net
Internet:     www.eads.com
ISIN:         NL0000235190
WKN:          938914
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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