SYDNEY (Reuters) – The head of airplane sales at Airbus dismissed issues a few sharp drop in orders for the A330neo jet and predicted European wide-body demand would begin to recuperate later this yr as rival Boeing prolonged a sequence of wins in the important thing section.
“The world is still full of opportunities in terms of wide-bodies. We have a lost a couple of campaigns in the West and there are other campaigns around the world. I am not personally in a panicking mode about the A330neo,” Chief Commercial Officer Eric Schulz informed Reuters on Monday.
Speaking in an interview at an airways assembly in Sydney, Schulz declined to present a numerical sales goal for 2018 wide-body plane however mentioned, “We will see, I think we will be ok. I can see from the dynamics in the market and what we have in the pipeline and what we have already negotiated.”
The A330neo is a by-product of Airbus’s most-sold wide-body jet, the A330, whose fortunes are broadly monitored by traders as a key supply of earnings and money.
Airbus has misplaced a sequence of contests for sales of the 250-300-seat A330neo, culminating in a call set to be permitted this week by the house owners of India’s Vistara to order six Boeing 787s as a substitute of A330neos, two trade sources mentioned. The similar airline could broaden a leased fleet of A320neos.
Airbus and Boeing declined to touch upon the order and Vistara did not reply to a request to remark.
(Reporting by Tim Hepher; Editing by Victoria Bryan)