Boeings new aircraft will be "look like the current 767 and 777, seating 250 passengers, with a range of about 7,500 miles, but with more advanced engines "..
well 7500 miles is a bit far I think but ..
Likely Airbus will not be happy to see all A300/310 aircraft being replaced by the new Boeing Aircraft ...
IMO they have an advantage over Boeing in having already the right body, the 330/340 hull, and modern cockpit/avionics that can be copied from 345/6 ..
However the successful 330-200 seems not suited for shorter range high density services now dominated by B757, A300, A310, B762.
What will Airbus do ?
My guess is a new wing optimized for short/medium haul 330-100 and a launch date 2 yrs before the new Boeing (that is 2006 ?).
This will likely become an A vs B race against the clock ... there's too much at stake here, also for Airbus (much, much bigger market then A380 ..)
"Never mistake motion for action." Ernest Hemingway