Where Your Speech Is Free And Your Comment Is King - Post A Link

THE NEWS COMMENTER

Screenshot Reuters.com
VOTE  (1)  (0)

Airbus demands chance to bid for IAG's surprise Boeing narrow-body order


Added 06-20-19 09:03:02am EST - “Airbus called on Thursday for a chance to compete for a blockbuster plane order ...” - Reuters.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Reuters.com: “Airbus demands chance to bid for IAG's surprise Boeing narrow-body...”. Below is an excerpt from the article.

PARIS (Reuters) - Airbus called on Thursday for a chance to compete for a blockbuster plane order by British Airways owner IAG which stunned industry executives at this week’s Paris Airshow by ordering 200 of Boeing’s grounded 737 MAX.

Airbus launched a long-range version of its successful A321 jet with 226 orders and commitments in Paris, only to see its short-haul position among IAG brands eroded by the huge deal which shores up the embattled 737 MAX.

Boeing’s top-selling aircraft has been taken out of service worldwide since an Ethiopian Airlines 737 MAX crashed in March, five months after a Lion Air 737 MAX plunged into the sea off Indonesia. A total of 346 people died in the two disasters.

Tuesday’s blockbuster order, worth more than $24 billion at list prices, was partly seen as an effort to preserve competition between planemakers, damaged by the three-month-old grounding crisis, but it rattled Airbus which was caught unawares after signing a smaller order for A321XLRs with IAG.

Wrapping up the world’s largest air show on Thursday, Airbus publicly voiced its frustration over the deal and urged IAG to run a competition for the planes, which would be deployed at Vueling, Iberia, Aer Lingus, Level and part of BA.

Read more...

Post a comment.

CLICK TO SHARE

BACK TO THE HOME-PAGE