Monday's announcement from Airbus included revamps of two medium-haul models, which are intended to compete with Boeing's new 787 Dreamliner. The 280-passenger Boeing 787-9 variant will also make an appearance at Farnborough this week.
The two new models are essentially old A330 planes with new Rolls-Royce Trent 7000 engines that will increase the plane's range by 400 nautical miles, as well as wings with aerodynamic "sharklet" winglets at the tips, adapted from Airbus' A350 XWB. The 210-foot wingspan is 12 feet wider than the wingspan of the original A330.
The plane features Rolls-Royce Trent 7000 engines that increase the plane's range by 400 nautical miles.
Thanks to a redesigned cabin, the A330-900neo will fit up to 310 seats, allowing for 10 more passengers than today's A330, while the smaller-fuselage A330-800neo will seat six additional passengers for a total of 252 seats.
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Airbus
The A330neo has a 12-foot wider wingspan and "sharklet" wingtips.
The company can offer the A330neo at "very very attractive pricing," because it is cheaper to operate, said Airbus Chief Operating Officer John Leahy. And thanks to lower maintenance costs and a higher passenger count, it will be competitive in price with the 787, Kiran Rao, Airbus executive vice president of strategy and marketing, said in a video on the company's website.

Courtesy Airbus
The Airbus A330neo fits up to 310 seats, thanks to a redesigning of the lavatories and crew galley areas.
The reason for the A350-800's underperformance may be the fact that its shrunken size is not as economical. It would cost the same amount to fly the A350-800 as the larger A350-900, although the latter variant can bring in greater revenue thanks to space for 39 more seats, according to Businessweek.

Courtesy Airbus
Amenities include full-LED mood lighting, Wifi connectivity, and 3D films.
Boeing representatives didn't seem too fazed in comments about the new Airbus launch. Randy Tinseth, vice president of marketing for Boeing's commercial airplane division called Airbus' claim of 14% better fuel efficiency "extraordinarily optimistic," according to CNET.
Here are some statistics Airbus put together about the plane:

Read more: http://www.businessinsider.com/airbus-a330neo-to-challenge-dreamliner-2014-7#ixzz37Xyp5Ppp



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