Airbus chief executive Guillaume Faury said the aircraft would have 20% less fuel burn than existing twin-jet freighters, 30% less than a three jet aircraft and 40% less than a four engine model. The aircraft is expected to offer capacity of more than 90 tonnes, with some reports suggesting it could be able to carry more than 110 tonnes. He added that it is likely to be based on the A350-1000 variant and will be embedded in the A350 production system — meaning there is no need to plan for an individual production rate for the freighter. Faury said the decision to launch the freighter was also based on customer demand for a rival widebody freighter to Boeing's B777F and B767F. "Following Board approval, we are enhancing our product line with an A350 freighter derivative, responding to customer feedback for increased competition and efficiency in this market segment," the aircraft manufacturer said in a statement. Meanwhile, Boeing has also spoken about its plans for the launch of a new widebody freighter.