Airbus is battling to shore up support for its A330neo wide-body passenger jet as the coronavirus crisis, geopolitics and trade wars raise fresh questions over demand for the aircraft, industry sources said.
"We gave guidance in February and we are closely monitoring the situation," an Airbus spokesman said.Airbus last month said it was targeting 40 deliveries of A330 jets in 2020, down from 53 in 2019. Airbus launched the A330neo in 2014 promising an affordable, fuel-efficient successor to its 250 to 300-seat A330.
But efforts to maintain that momentum are being undermined by market forces, analysts said, with Agency Partners analyst Sash Tusa predicting that A330 deliveries will slide by a further 25per cent to 30 planes in 2021. However, strategists also worry that A330neo problems could speed polarization in an industry in which Boeing dominates the wide-body segment and Airbus - buoyed by its A321XLR and the grounding of the Boeing 737 MAX - leads the narrow-body field.
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