Upgraded A320 gets nod from US, European regulators

Paris

AIRBUS said on Tuesday that it had won certification for the A320neo, paving the way for the first delivery of a revamped, best-selling jet that has shored up its joint domination of the global jet market with Boeing and galvanised its share price.

The European planemaker said the European Aviation Safety Agency (Easa) and the Federal Aviation Administration (FAA) of the United States had jointly approved the model, which is a fuel-efficient upgrade of its popular A320 medium-haul jet.