Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Airbus offers long-range version of A321neo, targets Boeing 757

Published 21/10/2014, 22:04
© Reuters A flight test engineer holds an Airbus Group flag after the first flight of the Airbus A320neo in Colomiers near Toulouse
BA
-
AIR
-

By Victoria Bryan

(Reuters) - Airbus Group NV (PA:AIR) said on Tuesday that it has begun offering airlines a long-range version of its A321neo jetliner, aimed at replacing Boeing Co's (N:BA) 757 jetliner, a long-range single-aisle jet that is no longer in production.

"The long-range version of the A321neo will be the ideal 757 replacement with true transatlantic range, 25 percent lower fuel burn and true long-range comfort," an Airbus representative told Reuters.

The new jet would fill a gap in the product line for a single-aisle plane that can fly farther than Boeing's 737 or the Airbus A320, a niche long seen as one that Boeing might also seek to fill.

The new A321neo jet would have a flying range about 100 nautical miles greater than the 757-200W, and would seat about 164 passengers, similar to the 757's capacity of 169, but with 18-inch-wide seats and room for lie-flat beds in business class, Airbus said.

The Toulouse, France-based plane maker said it foresees the jet entering service in 2019.

"We are actively discussing this A321neo development with customers," Airbus said. "The increased 97-tonne maximum take-off weight and additional fuel capacity will give the A321neo a significant range increase overtaking the 757 currently operating on the transatlantic."

The jet will carry additional fuel tanks, but normal A321neos cannot be retrofitted to extend their range, according to Seattle-based aerospace consulting firm Leeham News and Comment, which first reported on the new plane earlier on Tuesday.

© Reuters. A flight test engineer holds an Airbus Group flag after the first flight of the Airbus A320neo in Colomiers near Toulouse

Boeing was not immediately available to comment.

(Reporting by Victoria Bryan in Berlin; writing by Alwyn Scott, editing by G Crosse and Matthew Lewis)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.