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

June 2019
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930

Pages

Recent Comments

    RSS Meks Blog

    • The future of WordPress and Gutenberg Editor – Matt’s talk at WordCamp Europe 2019 June 22, 2019
      What seems to be the future of WordPress and Gutenberg Editor? These are the topics Matt covered in his summer state of WordPress at WCEU in Berlin and all the great things coming ahead. The post The future of WordPress and Gutenberg Editor – Matt’s talk at WordCamp Europe 2019 appeared first on Meks.
      Ivana Cirkovic
    • How to easily add Google Fonts to your WordPress website June 19, 2019
      Do you want to add Google fonts to your WordPress website? Here’s how you can freshen up your web place and make it faster, trendy and more appealing. The post How to easily add Google Fonts to your WordPress website appeared first on Meks.
      Ivana Cirkovic
    • Using Google Trends for market research to leverage your content creation ideas June 12, 2019
      Did you know you can use Google Trends for market research and target your customer needs, tailor content strategy, in a much better way? The post Using Google Trends for market research to leverage your content creation ideas appeared first on Meks.
      Ivana Cirkovic
    • How WordPress can help you to build and increase brand awareness June 6, 2019
      How can you build and improve brand awareness with WordPress and what steps are needed in that strategy? The post How WordPress can help you to build and increase brand awareness appeared first on Meks.
      Ivana Cirkovic
    • Starting a photography blog: The secrets successful photo bloggers won’t tell you May 30, 2019
      Is starting a photography blog the next step for your personal branding and getting out there with your work? Sure is! And here’s how you can do it! The post Starting a photography blog: The secrets successful photo bloggers won’t tell you appeared first on Meks.
      Ivana Cirkovic
    • 5+ best forum plugins for WordPress to build a loyal community in 2019 May 22, 2019
      Looking for the best forum plugin for WordPress to build a community and keep them engaged? Let us save you the time and choose among these 6 we recommend. The post 5+ best forum plugins for WordPress to build a loyal community in 2019 appeared first on Meks.
      Ivana Cirkovic
    • Easily setup Facebook instant articles for your WordPress website (plus tips & tricks ) May 16, 2019
      In case you still haven’t set up Facebook Instant Articles for your WordPress blog or site, here’s why we recommend you to do it. The post Easily setup Facebook instant articles for your WordPress website (plus tips & tricks ) appeared first on Meks.
      Ivana Cirkovic
    • 8 things people usually miss before starting a blog May 8, 2019
      Have you ever wondered what things need to be done before starting a blog or do you think it’s just writing and not much else? Boy, are you in for a surprise! The post 8 things people usually miss before starting a blog appeared first on Meks.
      Ivana Cirkovic
    • WordPress RSS feed plugin – 7 recommendations 2019 edition May 1, 2019
      Wondering whether you need a WordPress RSS feed plugin or not? Let us show you what beautiful things you can make with it! The one thing people nowadays tend to say is that emails and RSS feeds are dead. A fact that couldn’t be more from the actual truth. Knowing that we live in a […]
      Ivana Cirkovic
    • How to make money as a travel blogger (10 tips you can start using today) April 23, 2019
      Have you ever wondered how to make money as a travel blogger, especially when you see how many are out there doing it? Here are at least ten ways you can, too! The post How to make money as a travel blogger (10 tips you can start using today) appeared first on Meks.
      Ivana Cirkovic

    Text

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

    Archives