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

Reuters  |  MONTREAL 

(Reuters) - Europe's 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 and are still pending, 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.

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

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

(Reporting by Tim Hepher; Editing by and Jan Harvey)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 15 2019. 00:51 IST