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Mon, Jul 14, 2014

Airbus Launches The A330neo

Move Ends Months Of Speculation About Re-Engined Widebody Airplane

Airbus has ended months of speculation about the possibility of a re-engined version of its A330 widebody airplane and announced the A330-800neo and A330-900neo.

Airbus made the announcement Monday at the Farnborough air show. The company says the new airplane will incorporate latest generation Rolls-Royce Trent 7000 engines, aerodynamic enhancements and new cabin features.

Airbus says the A330neo will reduce fuel consumption by 14% per seat, making it the most cost efficient, medium range Widebody aircraft on the market. In addition to greater fuel savings, A330neo operators will benefit from a range increase of up to 400 nautical miles and all the operational commonality advantages of the Airbus Family, the company says. Deliveries of the A330neo will start in Q4 2017.

“The A330 is a very important margin contributor for our Group. It’s also one of the most reliable and efficient commercial aircraft ever. Customers love it. With our decision to re-engine the plane, we will keep the A330 flying high for many more years to come. The development costs for the A330neo will be incurred from 2015 to 2017 with an impact of around -70 basis points on Airbus Group’s 2015 Return on Sales target. However, we have a very good business case and the A330neo, once in service, will continue to significantly contribute to our group’s earnings,” said Tom Enders, CEO of Airbus Group.

“The A330neo is the logical evolution of our reliable and versatile A330 Family. It provides an optimal solution for airlines around the world looking to minimise their fuel and operating costs while offering best-in-class comfort to their passengers,” said Fabrice Brégier, Airbus President and CEO. “We see strong market potential for the A330neo, and like its market-leading smaller sister, the A320neo, we are confident this new aircraft will be a success in the medium-haul segment. We are again leveraging a proven aircraft with a wide operator base and making it even more efficient with the latest innovations and technology developments.”

In addition to the new Rolls-Royce Trent 7000 engines, the A330neo will feature incremental innovations, including aerodynamic enhancements such as new A350 XWB inspired winglets, an increased wing span and new engine pylons. Airbus says Pilots will benefit from latest generation cockpit systems, and the already very comfortable A330 cabin will be further optimized to offer up to ten additional 18 inch wide seats.

(Image provided by Airbus)

FMI: www.airbus.com

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