Airbus aims to capture a bigger market share

European multinational aircraft manufacturer Airbus SE is confident of capturing the market with its A330neo as more carriers seek to upgrade their fleets in the coming years. Airbus widebody market development director Rodrigo Lezama said airlines needed to renew their fleet to meet the industry challenges which include economic and environmental concerns. “We’ve seen a renewal of 4% each year of new aircraft entering their respective fleets. At the moment, only 28% of aircraft flying globally are new generation, which means there is plenty of space and room for the purchase of new aircraft of which Airbus aims to leverage on,” he told reporters during a media visit to the Airbus headquarters in Toulouse, France recently. He also said as an aircraft manufacturer, it is vital to deal with challenges head-on, rather than wait for instructions and industry standards from the authorities. In 2017, the International Air Transport Association adopted new standards for carbon dioxide (CO2) emissions, which means that after 2028, any aircraft that does not meet the standards cannot be produced. Lezama said Airbus wanted to act proactively and decided to apply and certify the new standards ahead of the 2028 requirements. Story has more.<br/>