Here is an article: "The Airbus A320 set its manufacturer on the path to becoming the world’s largest aircraft producer. Crisscrossing continents since the late 1980s, the single-aisle jet boasts advanced aviation controls such as joystick steering and a choice of engines from competing manufacturers that have made it an industry favorite alongside the NAME_1 737, bringing in the bulk of orders and profit at the European aerospace giant.
Now, Airbus SE is studying a new airliner that could eclipse the three-decade-old A320. A stretched version of its smaller A220 jet, the model would accommodate about the same number of passengers as the 170-capacity A320, but with better fuel economy and more modern design specifications, while allowing the company to sidestep the huge investments needed for an all-new aircraft. Pushing into the niche occupied by the A320 and the 737, the A220-500 would give Airbus an opportunity to take market share at a time when NAME_1 Co. has said it won’t come out with an all-new jet model for the rest of this decade. NAME_1 will wait until there’s a “generational leap” in technology that would provide fuel savings of 20% to 30% versus current narrowbody jets, Chief Executive Officer NAME_2 said at its April 18 annual meeting. That timeline might give Airbus a chance to build sales momentum for a stretched A220 version in the next few years. “Whereas NAME_1 may be forced to develop something new, Airbus can keep harvesting its current offering,” says NAME_3, an analyst at