Airbus Considers Second A350 Assembly Line to Increase Production
October 15, 2026
Airbus is preparing to seek board approval to increase A350 production beyond its target of 12 aircraft per month by 2028, driven by strong market demand. The expansion would require a second final assembly line, potentially outside Toulouse, incorporating greater automation and improved manufacturing efficiency. Airbus is also evaluating a further stretched A350 variant, although production growth is expected to be necessary to meet demand for the existing A350-900, A350-1000 and forthcoming freighter models. A decision is expected in the near future.
Lufthansa Selected as Preferred Investor for 49.9% Stake in TAP Air Portugal
October 14, 2026
Portugal's government has selected Lufthansa Group over Air France-KLM as the preferred investor in TAP Air Portugal, approving the sale of up to 49.9% for €1.2 billion. Lufthansa's bid was 16% higher than its rival's, with Portugal retaining a 50.1% stake. Lufthansa plans to expand TAP's fleet to 117 aircraft by 2035, strengthen its Latin American network and invest €300 million in maintenance facilities. A second privatisation phase, potentially giving Lufthansa majority ownership, is targeted for completion by early 2028.
GE Aerospace Expands Engine Overhaul Facility in Scotland
October 13, 2026
GE Aerospace announced plans to invest £30 million ($40 million) in expanding its engine overhaul facility in Prestwick, Scotland, supported by £27 million in public-sector funding. The project will improve maintenance capacity, logistics and operational efficiency, with the new facility scheduled to commence operations in the first quarter of 2028. The expansion is expected to create approximately 150 additional jobs by 2031. GE will also contribute £75,000 towards aerospace training at Ayrshire College.