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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
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04/06/201423:36:24U.K. Ship to Investigate Signals in Flight 370 Search
04/04/201407:39:13Airbus Orders Hurt by Cancellations
04/03/201417:59:36Sources: Boeing Considers Bid for Mercury Systems -Reuters
04/03/201417:14:36Delta Seeks Offers from Boeing and Airbus for New Jets
04/02/201422:50:17Boeing to Lay Off Up to 300 Workers at Australian Plant
04/02/201421:50:34Boeing Expands Airbus Rivalry to Tanker Market
04/02/201418:08:16Boeing to Cut 300 Jobs in Australia -Report
04/02/201408:08:35U.K. Submarine Joins Search for Malaysia Airlines Flight 370...
04/02/201407:22:34LOT Polish Airlines Swings to Net Profit, Says Boeing 787 Helps
04/02/201402:30:05U.K. Submarine Joins Search for Missing Plane
04/02/201402:18:09U.K. Submarine Joins Search for Malaysia Airlines Flight 370
03/31/201417:55:34Judge Dismisses Legal Action Related to Missing Malaysian Jet...
03/27/201402:20:07ANA Makes Big Order for Airbus, Boeing Planes
03/26/201415:35:23Efforts to Cut F-35 Costs Hinge on Foreign Partners
03/26/201413:52:53GE to Break Ground on Jet Engine Plant in Indiana This Year
03/26/201413:51:55GE to Break Ground on $100 Million Jet Engine Plant in Indiana...
03/24/201416:20:06Lockheed Says Overseas F-35 Sales Goal Intact

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