Explaining the air transport industry is usually very difficult—the sector is complex and unpredictable, dependent on external factors and the availability of technology—and not always rational. But Airbus summarized the last 30 years well in just two sentences: “The A320 program is on track to reach the monthly targeted production rate of 60 aircraft by mid-2019 with rate 63 targeted for 2021. . . . As a consequence of [Emirates’ decision to reduce its order] and ...


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