Farnborough: Airbus launches the A330neo

Airbus has launched the re-engined
A330-800neo and A330-900neo at Farnborough Airshow this morning.
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The two new members of its widebody family, which will incorporate latest generation Rolls-Royce Trent 7000 engines, aerodynamic enhancements and new cabin features.
Airbus said that A330neo reduces fuel consumption by 14% per seat, which it claims makes the new family the most cost efficient, medium range widebody aircraft on the market.
The A330neo also sees a range increase of up to 400 nautical miles and all the operational commonality advantages of the Airbus family.
Deliveries of the A330neo will start in Q4 2017.
“The A330 is a very important margin contributor for our Group. It’s also one of the most reliable and efficient commercial aircraft ever. Customers love it. With our decision to re-engine the plane, we will keep the A330 flying high for many more years to come. The development costs for the A330neo will be incurred from 2015 to 2017 with an impact of around -70 basis points on Airbus Group’s 2015 Return on Sales target. However, we have a very good business case and the A330neo, once in service, will continue to significantly contribute to our group’s earnings,” said Tom Enders, CEO of the Airbus Group.