GE Aviation sees no need for further jet production increases

Reuters

LONDON (Reuters) - GE Aviation sees no need for further increases in planned jetliner production, the aero-engine maker's chief executive David Joyce said at the Farnborough Airshow on Monday.

 

"I see no need for further increases in production," he said.

 

Planemakers Airbus <AIR.PA> and Boeing <BA.N> are both planning to raise output to cope with record order backlogs.

 

However, some analysts think demand for new planes could weaken amid a faltering global economy.

 

(Reporting by Tim Hepher; Editing by Mark Potter)

 
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