Airbus to Place Beds in Cargo Holds for Passengers on Long Flights

Airbus (EADSY) is looking to make longer flights more comfortable for customers by partnering with Zodiac Aerospace to develop sleeper modules that can be swapped out for regular cargo containers on flights that don't need them. 

"This approach to commercial air travel is a step change toward passenger comfort. We have already received very positive feedback from several airlines on our first mock-ups," said Airbus cabin and cargo chief Geoff Pinner.

Airbus' A330s will be the first series of planes to get the makeover. The first of these newly equipped planes will be available starting in  2020, though the company is also open to the possibility of retrofitting its A350 XWB plane. 

Customers will pay for a regular ticket to sit in the cabin area and can pay extra for a bed at a price that has yet to be determined. 

Airbus shares were falling 2.69% to $28.56 in afternoon trading Wednesday on weak volume. 

More from Stocks

One-on-One With Carnival Corporation CEO Arnold Donald (Watch)

One-on-One With Carnival Corporation CEO Arnold Donald (Watch)

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Stocks Finish Higher After Release of Fed Minutes

Stocks Finish Higher After Release of Fed Minutes

Has Wall Street Completely Lost Its Mind on General Electric?

Has Wall Street Completely Lost Its Mind on General Electric?