Airbus to revamp A330, but will keep eye on lifting profits
Company to decide launch of the re-engined version before year-end
Tue, Jun 17, 2014 - 6:00 AM
Saving fuel: Airbus faces a drop in A330 orders from 2016 as airlines' attention switches to Boeing 787, but appears progressively more confident about being able to preserve its wide-body cash cow with improvements in fuel efficiency. - PHOTO: AFP
[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...