An Airbus SE A321 plane fuselage is lifted with a crane at the company’s final assembly line facility in Mobile, Alabama
Luke Sharrett | Bloomberg | Getty Images
Airbus said Thursday it is planning to increase production of U.S.-made jetliners, a move that comes after tariffs threatened to drive up costs for U.S. customers who have purchased planes from the European manufacturer.
The decision also comes after Airbus overtook chief rival Boeing as the world’s biggest aircraft manufacturer as the U.S. company was hobbled by the crisis surrounding the still-grounded 737 Max after two fatal crashes.
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