Airbus Launches New A320 Family Final Assembly Line In Toulouse, France

Airbus SE EADSY inaugurated its new A320 Family final assembly line (FAL) in France's Toulouse during a ceremony.

The ceremony is attended by the Minister of Economy & Finance Bruno Le Maire, and Transport Minister Clément Beaune, among others.

"This FAL will contribute to the ongoing production rate ramp-up to 75 A320 Family aircraft per month in 2026, while meeting the increased demand for A321s which currently represents around 60 percent of the total A320 Family backlog," said Airbus CEO Guillaume Faury.

The final assembly line includes various features, including tablet and smartphone digital production control.

Also Read: Airbus Delivers 72 Airplanes to 48 Customers In June

The new final assembly line started initial operations at the end of 2022 with the delivery of the first fuselage sections. 

The roll-out of the first aircraft fully assembled in this facility - an A321 - is expected to occur by the year's end. 

The industrial site will progressively ramp up operations between now and 2025, directly employing around 700 workers.

"We're pleased to see this new facility join our worldwide network of final assembly sites which will comprise four FALs in Hamburg, Germany; two in Toulouse, France; two in Mobile, United States; and two in Tianjin, China, all them capable of assembling the A321," Faury added.

Price Action: EADSY shares traded higher by 0.67% to $36.11 on the last check Monday.