Airbus sees no quick Boeing reaction to A321neo success

Airbus chief salesman John Leahy does not expect Boeing to react quickly with a new product to counter the Airbus A321neo, but nevertheless sees a need for his competitor to act. “If you sit out there in Seattle you see a big hole (in the portfolio) and I think they need to do something,” Leahy said. However, “I don’t actually see them doing much except presentations in the next 2 years,” Leahy said. He argues that because of the success of the A321neo against the 737-9, Boeing is in a “tough situation.” Leahy said any replacement would have to be a family of aircraft that would require at least $10-12b in investment. Airbus had 1,101 orders for the A321neo at the end of January, compared with 217 for the Boeing 737-9 (at the end of Nov 2015). <br/>
Aviation Week
http://aviationweek.com/commercial-aviation/airbus-sees-no-quick-boeing-reaction-a321neo-success
2/16/16