DUBLIN (Reuters) – Europe’s Airbus firmed up plans to boost manufacturing of its A320-family narrowbody jets by 50% from present ranges to a report 75 a month in 2025 because it posted higher-than-expected quarterly earnings on Wednesday.

The world’s largest planemaker is already within the midst of restoring output for in-demand single-aisle fashions as pandemic journey restrictions fade away, with an interim goal of 65 A320-family jets a month in summer season 2023, up from 50 a month now.

On Wednesday, it mentioned it will go additional and preserve rising month-to-month output past that date to achieve 75 a month by mid-decade, cementing proposals tentatively aired final 12 months.

Engine makers, who had led a rearguard motion by suppliers anxious about having to speculate solely to face overcapacity if Airbus’s forecasts show optimistic, partially opened the door to a hike final week by saying that they had agreed quotas for 2024.

However some consultants concern widespread shortages in world provide chains will disrupt greater output within the quick time period.

Airbus mentioned its benchmark adjusted working revenue rose 82% within the first quarter on the again of upper deliveries and a one-off change in pension measurements, offset by the impression of sanctions in opposition to Russia over the battle in Ukraine. It additionally confirmed a delay in its new A321XLR to early 2024.