ANALYSIS -Why Airbus isn't pouncing on Boeing's 737 MAX turmoil

When Boeing launched its 737 MAX jetliner in response to Airbus's record-selling A320neo, a wave of poker-faced satisfaction spread through Airbus headquarters in France. Its reasons for cheering Boeing's decision to make a similar jet, based on a similar strategy of engine efficiencies, partly explain why Airbus is wary of exploiting Boeing's misery over the global grounding of the MAX today, industry sources say.