Airbus bets on a stretch jet to beat Boeing
The new model would accommodate about the same number of passengers as the A320, but with better fuel economy and more modern design specifications.
The Airbus A320 set its manufacturer on the path to becoming the world’s largest aircraft producer. Crisscrossing continents since the late 1980s, the single-aisle jet boasts advanced aviation controls such as joystick steering and a choice of engines from competing manufacturers that have made it an industry favourite alongside the Boeing 737, bringing in the bulk of orders and profit at the European aerospace giant.
The A220-500, based on the A220, would give Airbus an opportunity to take market share at a time when Boeing has said it won’t come out with an all-new jet model for the rest of this decade. AP
Bloomberg Businessweek
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