Size-wise the A350 is more like a 777; the 787 is more directly competitive with A330neo. Are they scrambling? Not really. Boeing is making a fair amount more

Size-wise the A350 is more like a 777; the 787 is more directly competitive with A330neo. Are they scrambling? Not really. Boeing is making a fair amount more money than Airbus but they’re producing about the same number of planes (Airbus probably has a slight edge in order count). Airbus was formed as a program to address Europe’s concern about relying on North America for airliners. It’s not clear even today that they really care about actually making money from selling airplanes.