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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; [email protected]

Stock News for Boeing (BA)
DateTimeHeadline
02/24/201707:09:00Today's Top Supply Chain and Logistics News From WSJ
02/23/201717:00:00Where Are The Toilets? Order Glut Stretches Giant Jet Makers...
02/23/201707:08:00Today's Top Supply Chain and Logistics News From WSJ
02/22/201712:30:00Boeing Delivers Korean Air's First 787-9 Dreamliner
02/22/201710:52:00Airbus Profit Hit by Charge on Troubled Military Plane Program...
02/17/201716:12:00Trump Praises Boeing, Suggests More Plane Purchases Coming...
02/17/201714:53:00President Donald Trump Praises Boeing, Suggests More Plane Purchases...
02/17/201713:30:00Boeing Debuts 787-10 Dreamliner
02/16/201719:30:00Boeing, Juneyao Airlines Finalize Order for Five 787-9 Dreamliners
02/16/201715:31:35Current Report Filing (8-k)
02/16/201703:15:00Cobham Warns on 2016 Profit, Sees Tough 2017
02/15/201721:44:00Boeing Workers In South Carolina Vote Against Joining Union
02/15/201717:18:54Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/14/201718:16:32Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
02/14/201711:31:00Boeing Media Advisory: Boeing 787-10 Dreamliner Debut
02/14/201710:25:24Statement of Ownership (sc 13g)
02/14/201708:11:09Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
02/13/201717:09:12Amended Statement of Ownership (sc 13g/a)
02/13/201716:24:48Annual Statement of Changes in Beneficial Ownership (5)
02/13/201714:39:35Amended Statement of Ownership (sc 13g/a)

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