Exclusive: Airbus poised to revamp A330 with Rolls-Royce

Airbus is very close to a decision to upgrade its A330 with engines provided by Rolls-Royce (RR.L), setting the stage for a bitter new phase in a battle for wide-body jet orders with Boeing's 787 Dreamliner, people familiar with the matter said. The people, asking not to be named, said the go-ahead with Rolls-Royce as sole supplier for a new version of the A330, offering up to 14-15 percent in fuel savings with the help of new wingtips, remains subject to Airbus Group board approval. Airbus, which has promised investors a decision this year on whether to revamp the 253-295 seat A330 passenger jet, said none had been taken so far. Rolls-Royce said it was "not aware" of a final A330 decision having been reached, and that any announcement would come from Airbus.

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