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Airbus to launch new A321 with nearly 200 orders -sources


Added 06-17-19 04:03:01am EST - “Airbus will launch a long-range version of its A321neo jet at the Paris Airshow ...” - Reuters.com

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Posted By TheNewsCommenter: From Reuters.com: “Airbus to launch new A321 with nearly 200 orders -sources”. Below is an excerpt from the article.

PARIS, France (Reuters) - Airbus will launch a long-range version of its A321neo jet at the Paris Airshow on Monday, aiming to carve out new routes for airlines with smaller planes and steal a march on rival Boeing’s plans for a possible new mid-market jet.

The European planemaker will announce close to 200 orders for the new model - the A321XLR - over the week, sources familiar with the matter told Reuters.

The aerospace industry’s biggest annual event, which alternates with Britain’s Farnborough Airshow, is traditionally a slugging match between Airbus and Boeing sales teams in the $150 billion a year commercial aircraft market.

But analysts expect this year’s show to be relatively subdued, with slowing economies, trade tensions and geopolitical uncertainty unsettling airlines, highlighted by a profit warning from Germany’s Lufthansa late on Sunday.

Airbus and Boeing are also grappling with their own problems. The U.S. planemaker strives to bring its top-selling 737 MAX jet back into service after its grounding following two fatal crashes. Airbus, meanwhile, is occupied with a long-running corruption scandal.

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