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Airbus CEO Accuses Boeing of Price War -Report

DOW JONES NEWSWIRES Airbus Chief Executive Fabrice Bregier has accused archrival Boeing Co. (BA) of instigating a price war to drum up interest in its short-haul 737 Max airliner against Airbus' hit A320neo, German newspaper Welt am Sonntag reported Sunday. Mr. Bergier accused Boeing of "desperately" trying to gain market share for its model, the newspaper said. "They are very aggressive when it comes to price," Mr. Bergier said, according to the newspaper. "If they had a superior plane, they wouldn't have to do that." He conceded that Boeing might win more orders this year than Airbus, which is striving for a 50% global market share, the newspaper said. He said that in the last 10 years, a unit of European Aeronautic Defence & Space Co. NV (EAD.FR), Airbus has nearly always held the lead, "but that can't always be so." He believes the superjumbo A380 will be a "long-term success" even if sales are lower this year than expected, the newspaper said. Newspaper Web site: http://www.welt.de Dow Jones Newswires; dennis.baker@dowjones.com

Stock News for Boeing (BA)
DateTimeHeadline
05/23/201307:50:08Boeing Scores China Clearance for Dreamliner
05/23/201303:41:12China Regulator Grants Airworthiness Certificate for Boeing 787s...
05/22/201311:10:48Boeing Sees Five-Year Lead Over Airbus in Twin-Aisle Jets
05/22/201311:00:12Boeing Plans To Return 80% Of Cash To Shareholders
05/20/201317:08:14United Airlines' Boeing 787 Lands in Chicago After First Revenue...
05/17/201313:50:14MARKET SNAPSHOT: U.S. Stocks Rise Toward Fourth Week Of Gains
05/16/201308:41:57Latam Airlines to Resume Operating Boeing 787s in 'Coming Days'
05/15/201312:21:34Southwest Airlines Lifts Dividend, Share Buyback Authorization
05/15/201311:29:23EU Approves LOT Polish Airlines Rescue Loan
05/15/201309:10:57Pilot Error May Have Contributed to Lion Air Crash in Indonesia
05/14/201304:52:11Correction to EADS Earnings Outlook Story
05/14/201304:40:27Air India to Resume Dreamliner Operations
05/14/201304:30:13Air India to Resume Dreamliner Operations Wednesday
05/14/201303:40:04EADS Outlook Unchanged but A350 Program Is 'Challenging'
05/10/201305:00:15Iberia Restructuring Pushes IAG to Wider Loss
05/09/201319:31:08Air Lease 1st-Quarter Net Up 49% as Rental Revenue Jumps; Shares...
05/09/201318:03:35Washington Governor Makes Pitch to Retain Boeing Work
05/09/201310:41:10Jet Airways Likely to Order 200 Planes From Boeing, Airbus
05/09/201304:43:41China Southern Shelves Talks With Air China for Joint A380 Flights
05/09/201302:20:11ANA Resuming 787 Fleet Services on June 1

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