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DVB Bank labels A320neo decision 'bizarre'

20-Jan-2011 11:30 AM

DVB Bank labelled Airbus' decision to go ahead with the A320neo as “bizarre” and stated the value of the aircraft could drop “significantly” once all-new narrowbody designs enter the market (Bloomberg, 19-Jan-2011). Airbus has already signed a firm deal with Virgin America for 30 A320neos and a preliminary understanding with IndiGo for 150. Airbus believes it could sell as many as 3000 A30neos over the next decade. The aircraft is due to enter service in 2016.