Airbus Opens New Technology Hub At Filton Site To Design Wings For Next Generation Aircrafts
Portfolio Pulse from Nabaparna Bhattacharya
Airbus SE is investing in its U.K. innovation capabilities with the opening of a new Wing Technology Development Centre at its Filton site in southwest England. The facility will help Airbus design wings for next-generation aircraft. This follows Boeing's plans to launch an elongated, ultra-light concept called Transonic Truss-Braced Wings. Airbus, however, is facing challenges in bringing down costs.
July 05, 2023 | 12:15 pm
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Boeing's plans to launch an elongated, ultra-light concept called Transonic Truss-Braced Wings could face competition from Airbus' new wing technology.
While Boeing is not directly involved in Airbus' new technology hub, the development could introduce competition for Boeing's own wing technology. The impact on Boeing's stock is uncertain at this stage.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Airbus' new Wing Technology Development Centre will help in designing wings for next-generation aircraft. However, the company is facing cost challenges.
The new technology hub will enhance Airbus' innovation capabilities, which could lead to more efficient and advanced aircraft designs. However, the company's ongoing cost challenges could impact profitability.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100