An Airbus’ decision on whether to upgrade its A320 jet family hinges on whether it can put enough engineers on the project, rather than on costs, parent EADS’ chief executive told a German newspaper. He said the company was not considering developing a new aircraft model.
“We believe that we can reduce fuel consumption by 12 to 15 percent with new engines and new wing tips. A completely new plane could gain a few more percent, but the development is ten times as expensive,” the CEO said.
A decision on the upgrade should be announced shortly.
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