The New York Times: Boeing and Airbus Waver on Reworking Planes

I just stumbled over this very interesting New York Times article from today. It basically states what I already wrote here in my post on July 30th.

Boeing and Airbus Waver on Reworking Planes
By CHRISTOPHER DREW and JAD MOUAWAD

The latest high-stakes maneuvering by Boeing and Airbus does not involve their top-of-the-line models, the 787 Dreamliner and the A380 jumbo jet, but instead their aging smaller workhorses.
The two companies have long been defined by their willingness to take big risks. But perhaps because of all the problems and costs involved with the bigger planes, they have turned more cautious in responding to pressure from the airlines to develop more fuel-efficient substitutes for their smaller planes, the 737 and A320.

Aviation experts say breakthroughs in engine technology offer a rare chance to re-engineer the two companies’ narrow 737s and A320s, which make up three-fourths of the fleets at the largest airlines. But while the new engines could save the airlines hundreds of millions of dollars a year, Airbus would have to invest $1.5 billion to $2 billion — and Boeing possibly twice that — to test and install them on the jets.

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