Airbus to revamp A330, but will keep eye on lifting profits
Company to decide launch of the re-engined version before year-end
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[TOULOUSE] Airbus mapped out a potential revamp of its A330 jet, but vowed not to let the estimated US$2 billion investment divert it from improving profits at Europe's largest aerospace group.
Fabrice Bregier, chief executive of the flagship planemaking unit of Airbus Group, said the company would decide whether or not to launch a re-engined version of its most profitable wide-body jet before the end of the year.
"We are studying it. We have many customers telling us 'this aircraft is excellent, please try to also reduce the fuel burn with new engines'," Mr Bregier told reporters. "So we are looking at that, we are not rushing. We will take the decision this year. It's not limited to putting new engines on; it's more complicated than that."
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