Airbus unveils revamp of A330 passenger jet
Published on Jul 14, 2014 3:04 PM
FARNBOROUGH, England (REUTERS) - European planemaker Airbus kicked off the Farnborough Airshow on Monday with confirmation it would sell revamped versions of its A330 wide-body jet powered by Rolls-Royce Trent 7000 engines and offering 14 percent fuel savings.
Deliveries of the A330neo will start in the fourth quarter of 2017, Airbus said in a statement, adding it would build A330-800neo and A330-900neo models.
Airbus will incur development costs for the A330neo from 2015 to 2017, with an impact of around 70 basis points on the group's 2015 return-on-sales target, the company said.
Reuters reported on Sunday that Airbus would begin the air show with up to 100 commitments for the A330neo, citing industry sources, stepping up a contest with Boeing for up to US$250 billion (S$310 billion) of orders at the core of the long-haul jet market.
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