Airbus, Boeing sales battle warns of oversupply


(MENAFN) Airbus's sales campaign with the new A330neo jet has warned a potential oversupply in the market as the new model undercuts rival Boeing's 787 Dreamliner, The Peninsula Qatar reported.

Two weeks after Airbus announced a revamp of its A330 at the Farnborough Airshow, the battle for wide-body sales is heating up as Delta Airlines seeks to renew part of its fleet.

"I think particularly in the wide bodies, the market is looking overheated. The herd is running, and the A330neo is the latest example: the market wants the airplane," said managing director of the Lundquist Group.


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