Airbus Plans Challenge to Boeing's Cargo Aircraft Dominance
Airbus (OTC: EADSY) is said to be prepping a freighter version of its A350 commercial aircraft, a fresh attempt to challenge Boeing's (NYSE: BA) long-running dominance in the cargo side of the business.
Airbus is in talks with more than a dozen potential customers including U.S. heavyweights United Parcel Service and FedEx and will request official board authorization to market the plane in the coming weeks should it get enough commitments, according to a Bloomberg report. If all goes to plan, the program could officially launch before year's end.
An Airbus A350. Image source: Airbus.
Source Fool.com
