Breaking News

Airbus pledges boxers’ counter-punch to new Boeing mid-jet

By Tim Hepher

TOULOUSE, France (Reuters) – Airbus held out the prospect of a clash over prices to counter any decision by Boeing to launch a new aircraft in the middle of the jet market, by promising a “left hook, right hook” counter-punch with two of its existing models.

U.S. planemaker Boeing is studying whether to launch a 220-270-seat jet wedged between traditional twin-aisle models like the Airbus A330 and its own 787, and the industry’s bread-and-butter single-aisle models like the A320/321 and Boeing 737.

Airbus aims to defend that space with its own A330neo at the top end and the best-selling A321neo at the bottom – two models boasting new engines on older airframes.

“Those programs are both so mature that it gives Airbus pricing flexibility to address this middle-of-the-market segment,” sales chief Christian Scherer.

He promised what he described as a “left-hook, right-hook approach” to that part of the market as airlines replace Boeing 757 and some larger 767 aircraft.

Boeing says its possible all-new aircraft would be significantly more efficient than either Airbus model, but it is under pressure from airlines to develop it at the right price.

Boeing continues to work on the project behind the scenes while toning down public discussions as it focuses on resolving the crisis over its grounded 737 MAX, airline sources say.

The two giants are playing reverse roles at the top end of the $150 billion annual jet market, where Boeing’s upcoming 406-seat 777X – a derivative of its 777 mini-jumbo with new engines – is up against the newer and slightly smaller A350-1000.

Scherer mocked the 777X as a “re-engined Hummer” hobbled by excess weight compared to the carbon A350. Boeing, which recently won a deal to sell the 777X to British Airways after a gap in sales, maintains it is the most efficient plane per seat.

Airbus played down concerns that the aviation industry is reaching the top of its business cycle after a near-decade-long expansion since the immediate aftermath of the financial crisis.

“The market remains quite positive” and less dependent on economic cycles than before, he told a media event in Toulouse.

Airbus officials nonetheless voiced concerns over the impact of renewed trade tensions on demand.

Worries about a trade war between the United States and China have rattled financial markets this month.

Last week, global airlines body IATA said it expected increasing trade tensions and higher costs would mean a cut in 2019 industry profit forecasts.

(Reporting by Tim Hepher; Editing by Sudip Kar-Gupta)


Source link

health news headlines provided courtesy of Medical News Today.

Advertisement

Advertisement Small

Follow Me

Collaboratively harness market-driven processes whereas resource-leveling internal or "organic" sources. Competently formulate.

View More Job Search Results

Calendar

August 2020
M T W T F S S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Pages

Recent Comments

    RSS Meks Blog

    • Top 15 WordPress content plugins and tools to improve your visibility and rankings July 16, 2020
      Let’s take a look at some of the must-have WordPress content plugins and tools to use to improve both your UX and rankings. The post Top 15 WordPress content plugins and tools to improve your visibility and rankings appeared first on Meks.
      Ivana Cirkovic
    • WCEU 2020 recap – key takeaways from the biggest online WordPress conference June 9, 2020
      Missed WCEU 2020 and all the exciting stuff from there? Here are all the key takeaways and main points to remember so, take notes! The post WCEU 2020 recap – key takeaways from the biggest online WordPress conference appeared first on Meks.
      Ivana Cirkovic
    • How to change the WordPress username? An easy step-by-step guide May 14, 2020
      Wondering how can you change WordPress username once you set up your blog or site? Read all about it in our helpful guide! The post How to change the WordPress username? An easy step-by-step guide appeared first on Meks.
      Ivana Cirkovic
    • What’s the best WordPress comment plugin to use? April 13, 2020
      Wondering whether to use WordPress comment plugin or go with the native option? Here are our thoughts and recommendation on which one to choose. The post What’s the best WordPress comment plugin to use? appeared first on Meks.
      Ivana Cirkovic
    • Top 12 WordPress Newsletter plugin recommendations March 17, 2020
      What better way to gain more subscribers and grow your email list than with a little help of a top WordPress newsletter plugin, right? Only, with so many of them on the market – which one to choose? The post Top 12 WordPress Newsletter plugin recommendations appeared first on Meks.
      Ivana Cirkovic
    • Top 3 proven methods to monetize your WordPress site or blog December 17, 2019
      Eager to learn how to monetize your WordPress site or blog in an easy way? Read our guide and learn all about it! The post Top 3 proven methods to monetize your WordPress site or blog appeared first on Meks.
      Ivana Cirkovic
    • Top 8 WordPress audio player plugins to enhance your podcast or music November 15, 2019
      What are the top WordPress audio player plugins to choose from for your next music or podcast project? Take your pick from our suggestions! The post Top 8 WordPress audio player plugins to enhance your podcast or music appeared first on Meks.
      Ivana Cirkovic
    • How to add Instagram photo feed to your WordPress site (in 5 minutes!) October 1, 2019
      How (and why) to add Instagram to WordPress and see more benefits from that match? We give you all the details and tools to do it successfully yourself! The post How to add Instagram photo feed to your WordPress site (in 5 minutes!) appeared first on Meks.
      Ivana Cirkovic
    • 15 best headline & blog title generator tools to easily boost your SEO September 12, 2019
      Ready to increase traffic to your website today? Use these headline generator tools and improve your click-through-rates! The post 15 best headline & blog title generator tools to easily boost your SEO appeared first on Meks.
      Ivana Cirkovic
    • How to create a Facebook Page for your blog (plus PRO tips) September 4, 2019
      Wondering how to create a Facebook Page for your blog knowing that you really do need one? Follow our in depth guide and learn how to create and manage attractive and successful Facebook Page! The post How to create a Facebook Page for your blog (plus PRO tips) appeared first on Meks.
      Ivana Cirkovic

    Text

    Distinctively utilize long-term high-impact total linkage whereas high-payoff experiences. Appropriately communicate 24/365.

    Archives