Airbus delivers first extra-long-range Airbus A321

An Airbus A321XLR Neo passenger aircraft performs a flying display at the Paris Air Show in Le Bourget, Paris, France, on Monday, June 19, 2023. 

Nathan Laine | Bloomberg | Getty Images

Airbus said Wednesday that it has handed over its first extra-long-range narrow-body aircraft, the A321XLR, marking another step in an era of smaller and more fuel-efficient jets flying longer distances, and further expanding a delivery gap between Airbus and rival Boeing.

The first aircraft was delivered to Spanish airline Iberia, which plans to debut it between Madrid and Boston next month. American Airlines and United Airlines have also ordered the 321XLRs.

Airbus said the XLR can fly up to 11 hours nonstop, or 4,700 nautical miles, about 15% farther than the A321LR, a long-range version of the 321 aircraft, which is used for trans-Atlantic missions like JetBlue‘s service between New York and Amsterdam.

The plane maker has been working on getting the aircraft certified for five years. It burns about 30% less fuel than older aircraft, the manufacturer said.

Why airlines like American are scrambling to make engines last longer

The European company has more than 500 of the A321XLRs on order. It’s a tiny part of its backlog that stood at nearly 8,600 airplanes as of the end of June, but it is debuting a new plane as its rival Boeing is struggling.

In the wake of two fatal crashes of its 737 Max, Boeing put plans on the back burner for an all-new aircraft that would sit between 737s and wide-body jetliners, and potentially replace aging 757s, which are currently between the two.

The company is now planning to slim down, shed jobs and potentially get rid of businesses it doesn’t deem core to save cash and improve quality.

“Boeing’s an airplane company, and at the right time in the future, we need to develop a new airplane but we have a lot of work to do before then,” new CEO Kelly Ortberg said on an earnings call last week. 

Don’t miss these insights from CNBC PRO

Spread the love

Aniket Pujari

Aniket Pujari is a visionary entrepreneur and dedicated content creator who has made significant contributions to the digital media landscape. As the founder of Minute To Know News, he has established himself as a leading figure in the world of finance, cryptocurrencies, and Internet-related topics.

Related Posts

Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE

Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE”…

Spread the love

A new luxury sleeper train is launching in England and Wales

LVMH-owned luxury hospitality company Belmond will launch a luxury sleeper train next year that will take travelers through the countryside of England and Wales. The Britannic Explorer will run three…

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Stocks to Watch: Nykaa, Hyundai Motor, BSE, Zydus Lifesciences, Sunteck Realty, and more

Stocks to Watch: Nykaa, Hyundai Motor, BSE, Zydus Lifesciences, Sunteck Realty, and more

Telangana train accident: 20 trains cancelled, 10 diverted after goods train derails near Peddapalli. Details here

Telangana train accident: 20 trains cancelled, 10 diverted after goods train derails near Peddapalli. Details here

NTPC Green Energy IPO: Price band set at ₹102-108 per share; check issue details, key dates, more

NTPC Green Energy IPO: Price band set at ₹102-108 per share; check issue details, key dates, more

Archbishop of Canterbury Justin Welby resigns amid sexual abuse case—Who is he? What’s the scandal? All you need to know

Archbishop of Canterbury Justin Welby resigns amid sexual abuse case—Who is he? What’s the scandal? All you need to know

World News Today Live Updates on November 13, 2024 : Archbishop of Canterbury Justin Welby resigns amid sexual abuse case—Who is he? What’s the scandal? All you need to know

World News Today Live Updates on November 13, 2024 : Archbishop of Canterbury Justin Welby resigns amid sexual abuse case—Who is he? What’s the scandal? All you need to know

Buy or sell: Vaishali Parekh picks three intraday stocks for today – Nov 13

Buy or sell: Vaishali Parekh picks three intraday stocks for today – Nov 13