Investing.com - Financial Markets Worldwide
🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

In response to Boeing jet plan, Airbus CEO says already in middle of market

Published 2018-07-18, 08:20 a/m
© Reuters. In response to Boeing jet plan, Airbus CEO says already in middle of market
BA
-
EZJ
-
AIR
-

FARNBOROUGH, England, July 18 (Reuters) - Airbus AIR.PA is not planning to respond with a new aircraft should U.S. rival Boeing (NYSE:BA) BA.N go ahead with a proposed middle of the market jet, the European aerospace group's chief executive said on Wednesday.

“We have no problem with the middle of the market because we are there,” Tom Enders told journalists at the Farnborough Airshow, saying Airbus could further improve its existing aircraft, such as the A321neo.

Reuters has reported that Airbus is looking at an extended-range version of the A321neo.

Enders was speaking after British budget carrier easyJet EZJ.L took its first A321neo to the airshow.

EasyJet CEO Johan Lundgren said, however, that the airline would not be interested in an XLR (extended range) version because it doesn't fit with easyJet's business model.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.