Airbus announced its A330neo at the 2014 Farnborough Air Show. The idea was that this refresh would act as a highly disruptive offering in the market – close to the 787 in performance but at a considerably lower cost. The concept was plausible. Market reaction to the announcement came with 121 orders. In addition, Delta Air Lines ordered 25 to start replacing their 767s, despite having a legacy order for 787s (later canceled) placed by Northwest Airlines. Currently, there are over 200 orders for the A330-900neo but none for the smaller A330-800neo.
The A330 has proven to be a very good program for Airbus. It beat the 767 and befitted from the 787 delays. The A330 won against the 777-200ER at Qantas where both A330 models were ordered. Airbus spent $2Bn developing the A330neo compared to over $30Bn Boeing spent on the 787. Whereas the A330ceo has a 13-15% better fuel burn than the 777-200ER, Airbus claims the A330neo is 25% better. This improvement makes the A330neo is a good match for the 787 in terms of performance and pricing. Supporting Airbus’ view is this slide from today’s presentation at the delivery of the first A330neo to TAP.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.