Airbus A330neo
The Airbus A330neo is a wide-body twin-engine jet airliner currently under development by Airbus to replace the Airbus A330 (now A330ceo ("Current Engine Option")). There will be two variants of the A330neo, the A330-800neo and the A330-900neo. The letters "neo" in the name stand for "New Engine Option". The Rolls-Royce Trent 7000 will be the only engine to power the airliner. The A330neo will also feature other enhancements such as winglets (inspired by the Airbus A350), a longer wingspan (64 meters) and new engine pylons. According to Airbus, these enhancements will reduce the fuel burn per seat by 14%, with additionally lower capital cost making the A330neo the most cost-efficient medium-range wide-body aircraft in the market.
Development
Airbus's management had been studying whether to equip the A330, its bestselling wide-body airliner, with newer and more efficient engines: "New Engine Option", or "neo" to maintain sales. Airbus sales chief John Leahy felt it was competitive at mid-range routes with that of the Boeing 787, even without new engines. It was also the most inexpensive widebody aircraft positioned to serve high-density routes shorter than 4,000 nautical miles (7,400 km) and had the potential to create a monopoly in that market segment. Moreover, customers such as AirAsia X and Delta Air Lines were interested in a re-engined A330 and pushed Airbus to develop one. However, an A330neo could have also caused problems for Airbus; being in the same twin-aisle market segment as the Airbus A350, the A330neo could have hampered its sales.