Is half a loaf better than none? Does a bird in the hand beat two in the bush? Those are the questions airlines will be asking themselves as they ponder narrowbody equipment decisions over the next few years. Two already have decided: Virgin America and Indian LCC IndiGo chose the A320neo, the re-engined A320 launched by Airbus in December, rather than waiting on what increasingly looks to be an all-new airplane from Boeing at an undecided date in the future. Bombardier’s CSeries, ...

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