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Airbus to step up wide-body challenge to Boeing

Airbus has given its strongest signal yet that it will seek to overturn Boeing’s dominant position in the lucrative long-range passenger jet market by embarking on a major overhaul of its popular A330 aircraft.

In an interview with the Financial Times ahead of this month’s Farnborough air show, Fabrice Brégier, chief executive of Airbus’ passenger jet business, said the probability was “growing every day” that the company would launch an A330 with more fuel-efficient engines.

“If we can find a solution to improve this aircraft I believe it will confirm that we intend to lead the wide-body segment of our market,” he added.

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