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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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07/01/201516:23:27Statement of Changes in Beneficial Ownership (4)
07/01/201512:00:00Boeing to Release Second-Quarter Results on July 22
06/30/201510:00:00Boeing, Embraer to Collaborate on ecoDemonstrator Technology...
06/30/201508:06:13Airbus Beats Boeing in Contract for South Korean Refuel Tankers--Update
06/30/201506:30:03Airbus Beats Boeing in Contract for South Korean Refuel Tankers
06/30/201506:05:15Airbus Beats Boeing in Contract for South Korean Refuel Tankers
06/28/201521:40:37U.S. Panel Aims to Shield Planes From Cyberattack
06/26/201520:32:37Boeing's Incoming CEO, Dennis Muilenburg, Is Engineer With Swagger
06/24/201518:04:08Boeing to Again Reduce Output of 747s -- Update
06/24/201515:21:15Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/24/201514:30:04Boeing to Slow Output of 747s
06/24/201514:07:09Boeing to Again Reduce Output of 747s
06/24/201509:00:03U.S. Stock Futures Fall
06/23/201522:24:32Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201522:11:13Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201520:55:16Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201519:00:00Boeing, Thai Airways International Celebrate 25th Direct 777...
06/23/201518:40:19Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201517:36:31Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update

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