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14-Jul-2014 3:00 AM

Airbus ends speculation and goes ahead with an A330neo, with "14% per seat" fuel savings

Analysis

Airbus has announced that following a decision by the Airbus Group board, it has launched the A330neo, claiming it will deliver a fuel consumption reduction of "14% per seat".

The decision ends more than 12 months of will they-won't they speculation about the future of its widebody aircraft programme.

Airbus president and CEO Fabrice Brégier stated the A330neo is the "logical evolution" of the A330 family, providing an "optimal solution" for customers "looking to minimise their fuel and operating costs while offering best-in-class comfort to their passengers."

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