An Airbus employee works on the electrical wiring in a Airbus A320 aircraft at the Airbus SAS plant in Saint-Nazaire, France. (AP)
European planemaker Airbus plans to upgrade its best-selling A320 medium-haul jets from 2016 with new engines offering 15 percent fuel savings, as it fends off upstart competitors.
Airbus said on Wednesday it would invest just over $1.3 billion in the “A320neo” project to improve efficiency and cut harmful emissions and noise. Get the full story »
