CORRECTED - Airbus says A220 jet receives approval for longer-range routes

Europe`s Airbus said on Monday its Canadian-developed A220 jet had won approval to fly up to three hours away from the nearest airport in the event of a shutdown of one of its two engines, a safety standard which underpins its use on longer-range routes.

The green light has been given by Canada, while approvals in the United States and Europe are still pending, Airbus officials said at a briefing. The extended operations or ETOPS approval affects the number of routes the plane can fly over water or remote areas.

Airbus took control of the loss-making aircraft programme from Canada`s Bombardier in mid-2018. An Airbus executive said the company is looking for double-digit-percentage cuts in unit costs, partly from suppliers.

TRENDING NOW

Chennai Cyclone Michaung: Foxconn, Pegatron, Hyundai suspend operations due to floods, cyclonic conditions

Ranbir Kapoor starrer Animal joins Rs 200 crore club in 3 days; closes in on Shah Rukh Khan's Jawan's record

How Artificial Intelligence can help in credit card fraud detection? Check details

CBSE Date sheet 2024: Class 10 and 12 exam dates to be released soon at cbse.gov.in

Corporate bond market likely to double by 2030: Crisil Ratings

1,000% return in 2 years: This stock hits upper circuit - Here's why

MG Motor India to hike prices from January

SBI Amrit Kalash FD Scheme: This SBI fixed deposit scheme offers highest return than its other FDs; 400-day investment; calculations and more details

Indian Oil opens its first EV battery swapping station in Kolkata

Market at record high: Adopt 'buy on dips' investment strategy, advise experts

IPL Auction 2024: Check Date, Time, Venue, Total Purse Remaining, Slots—All You Need to Know

Mizoram Assembly Election Result 2023: MNF races towards majority; here is the list of winners and losers

Bihar Board Date Sheet 2024 for Class 10 and 12 announced; check schedule and how to get admit cards

Two pilots killed as Indian Air Force trainer aircraft crashes in Telangana

HCL Tech, Patanjali Foods, Garden Reach Shipbuilders, Gabriel India: Stocks to watch out for on Tuesday

(This version of the story was corrected to show that US/European approval still pending after Airbus officials clarify earlier comments)

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)