In this article

Airbus is weighing the development of a freighter version of its wide-body A350 aircraft, the European manufacturer's chief commercial officer said Tuesday, a move that could take on rival Boeing in the air cargo market.

The air freight market has been a bright spot during the Covid pandemic. Rates surged after the virus and travel restrictions devastated passenger travel, taking airplane belly space out of the market, creating a supply crunch. Snarls at ports have also boosted demand for air cargo.

"That has somewhat exacerbated the fact that the freighter market is underserved by Airbus today," Chief Commercial Officer Christian Scherer said on a webcast briefing. "Many of our customers have told us, 'You have been a formidable force in this industry. ... Please do so on the freighter market as well.' That's an important message to take into account."

More in category

Zoom Agrees to Settle Lawsuit Over ‘Zoombombing’
August 01, 2021The NY Times
Zoom Agrees to Settle Lawsuit Over ‘Zoombombing’
My brother and I each invested $10K in a home 10 years ago. Now I want out. How much do I get back?
August 01, 2021MarketWatch
My brother and I each invested $10K in a home 10 years ago. Now I want out. How much do I get back?
Tokyo Olympics: Sprinter safe, says Belarus officials tried to force her to fly home
August 01, 2021MarketWatch
Tokyo Olympics: Sprinter safe, says Belarus officials tried to force her to fly home
Opinion: Should you stick with emerging markets? Advisers weigh in
July 30, 2021MarketWatch
Opinion: Should you stick with emerging markets? Advisers weigh in
Home prices could cool when the Fed tapers its bond-buying program. But a crisis? Unlikely.
July 31, 2021MarketWatch
Home prices could cool when the Fed tapers its bond-buying program. But a crisis? Unlikely.
3 Top Robinhood Stocks to Buy in August Instead of Dogecoin
August 01, 2021The Motley Fool
3 Top Robinhood Stocks to Buy in August Instead of Dogecoin
How Local Media Spreads Misinformation From Vaccine Skeptics
August 01, 2021The NY Times
How Local Media Spreads Misinformation From Vaccine Skeptics
Opinion: You can beat stock market indexes — this fund manager has, and this is how she and her team did it
July 28, 2021MarketWatch
Opinion: You can beat stock market indexes — this fund manager has, and this is how she and her team did it
Climate risk is hitting home for state and local governments
July 30, 2021MarketWatch
Climate risk is hitting home for state and local governments
Here are the events likely to move financial markets in the coming days
July 28, 2021FOX Business
Here are the events likely to move financial markets in the coming days
Cook County state's attorney seeks to block Trump's $1M Chicago tax refund
August 01, 2021FOX Business
Cook County state's attorney seeks to block Trump's $1M Chicago tax refund
3 Warren Buffett Stocks to Buy if the Market Crashes
August 01, 2021The Motley Fool
3 Warren Buffett Stocks to Buy if the Market Crashes
How Novavax Could Shake Up the COVID Vaccine Market
August 01, 2021The Motley Fool
How Novavax Could Shake Up the COVID Vaccine Market
Ammunition shortage continues to plague industry, impacting law enforcement
August 01, 2021FOX Business
Ammunition shortage continues to plague industry, impacting law enforcement
The Ultimate B2B Video Marketing Guide for 2021
August 01, 2021Entrepreneur
The Ultimate B2B Video Marketing Guide for 2021
Worried About the Delta Variant? 5 Stocks to Insulate You From a COVID Market Crash
August 01, 2021The Motley Fool
Worried About the Delta Variant? 5 Stocks to Insulate You From a COVID Market Crash
4 Words from Pfizer's CEO That May Mean a Booster Is Imminent
August 01, 2021The Motley Fool
4 Words from Pfizer's CEO That May Mean a Booster Is Imminent
5 Stocks That Can Turn $50,000 Into $1 Million by 2040
August 01, 2021The Motley Fool
5 Stocks That Can Turn $50,000 Into $1 Million by 2040
5 Top Stocks For August Jason Hall, Dan Caplinger, Anders Bylund, Tyler Crowe, and Matthew Frankel, CFP | Aug 1, 2021
August 01, 2021The Motley Fool
5 Top Stocks For August Jason Hall, Dan Caplinger, Anders Bylund, Tyler Crowe, and Matthew Frankel, CFP | Aug 1, 2021
Missed Out on the FAANG Stocks? Consider Buying These PfANG Stocks Instead.
August 01, 2021The Motley Fool
Missed Out on the FAANG Stocks? Consider Buying These PfANG Stocks Instead.
3 Reasons Not to Worry About a Stock Market Crash
August 01, 2021The Motley Fool
3 Reasons Not to Worry About a Stock Market Crash