AEROSPACE & DEFENSE
Airbus Says It Will Cut 1993-95 Production: Airbus Industrie said it will trim production rates for the 1993-1995 period, marking the third output cutback announced by the European aircraft maker in a year. Monthly production of all Airbus aircraft types will fall from 14.6 this year to 13.8 planes in 1993 before rising to 15.2 in 1994 and 16.5 in 1995. The previous plan was to build 14.8 aircraft a month in 1993, 18.3 in 1994 and 19.6 in 1995. An Airbus spokesman said the new schedule reflected plans by airlines to postpone deliveries.
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