"We are focused on the A320neo ramp-up and improving the industrial flow while managing the higher level of complexity on the A321 ACF in particular," said Airbus CEO Guillaume Faury. The A320neo family of jets offer airlines considerable cost savings as they are more fuel efficient than the previous generation of jets. The A321 ACF is a reworked larger version that is going to serve as the basis for a longer-range type that airlines could notably use to cross the Atlantic.
Net profit for the third quarter edged 3 percent higher to 989 million euros ($1.01 billion). But over the first nine months of the year, net profits climbed 50 percent to 2.2 billion euros. Net orders for the first nine months of the year stood at 127, compared to 256 last year. However Airbus announced on Tuesday a mega-order of 300 A320 aircraft from low-cost Indian airline IndiGo. Airbus' order book stood at 7,133 aircraft on September 30.