Embraer Denies It’s Planning A New Plane To Rival The Boeing 737 & Airbus A320

As noted by Reuters in 2021, Airbus at the time had yet to secure low-enough prices for many of the plane’s components to push the A220 project convincingly into the black. This has presented a dilemma for Airbus as producing each new aircraft at high costs simply leads to more losses.So, should Airbus have stayed away from the CSeries? Does it regret acquiring the aircraft? We take a look at the pros and cons of Airbus’ move, for today’s video!