Airbus exec sees improvment in supply chains

Airbus AIR has seen a marked improvement in confidence and performance from its suppliers, all of whom are ready to support the company's target of increasing deliveries by 7% to some 820 jets this year, a senior company official said on Monday.

The European planemaker is also on its way towards a longer-term goal of increasing underlying output of narrow-body jets to 75 a month in 2027, and expects to close the acquisition of assets from struggling Spirit AeroSystems SPR this quarter, operations chief Florent Massou dit Labaquère told reporters.