Airbus readies larger A350 for market
Airbus is considering launching a larger version of its A350 aircraft to increase seating capacity, aiming to regain its market share in the large aircraft sector and compete with Boeing's 777X. A decision is expected to be made next year, with deliveries beginning after 2030. This move comes after the suspension of A380 production and recurring challenges faced by Boeing. Airbus aspires to double its operating profit to 12-13 billion euros annually by 2029, along with implementing a share buyback program worth 5 billion euros to strengthen its financial performance.
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