A320s get engine upgrade
EUROPEAN plane maker Airbus announced plans yesterday to upgrade its best-selling A320 family of passenger jets with new engines to offer airlines precious fuel savings as it fends off upstart competitors.
Airbus said deliveries of the improved "A320neo" family would begin in the spring of 2016 and that it would invest just over 1 billion euros (US$1.3 billion) in the project.
The plane will look almost identical to existing medium-haul aircraft but with larger and more efficient engines from Pratt and Whitney and CFM International, a joint venture between General Electric and France's Safran.
Airbus said that taken together with upward-slanting wingtips, which improve efficiency, the upgrade would save 15 percent in fuel costs and cut harmful emissions.
The decision hits back at Canada's Bombardier, China and Russia as they aim to challenge Airbus and Boeing.
Airbus said deliveries of the improved "A320neo" family would begin in the spring of 2016 and that it would invest just over 1 billion euros (US$1.3 billion) in the project.
The plane will look almost identical to existing medium-haul aircraft but with larger and more efficient engines from Pratt and Whitney and CFM International, a joint venture between General Electric and France's Safran.
Airbus said that taken together with upward-slanting wingtips, which improve efficiency, the upgrade would save 15 percent in fuel costs and cut harmful emissions.
The decision hits back at Canada's Bombardier, China and Russia as they aim to challenge Airbus and Boeing.
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