Airbus Faces Pressure on Engines as It Nears A330neo Decision

Airbus Group NV should offer a choice of engines on a modernized A330 because a selection would make the wide-body aircraft more compelling, said potential customers as the manufacturer weighs the merits of an upgrade.

The European planemaker is nearing a decision on whether to invest about $1 billion on a refreshed A330 to significantly extend the life of a 20-year-old model. Aviation executives gathered at the annual meeting of the International Air Transport Association in Doha pushed Airbus to go ahead to cut fuel costs, among the biggest expenses of flying.