Boeing To Rethink ‘797’ Project
Boeing shelving $15-20 billion in design and engineering plans
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January 24, 2020 - by AARON HILSZ-LOTHIAN
Just days after taking the position of Chief Executive Officer of Boeing, David Calhoun has told the company to rethink what will come of the '797'/New Midsize Airplane (NMA).
The decision effectively sees Boeing shelving $15-20 billion in design and engineering plans; however this puts the company in a better position to address the 737 MAX crisis,also to develop an aircraft that better suits current and future market demand.
Calhoun suggests that the competitive playing field had changed, likely meaning that the highly-successful launch of the Airbus A321XLR, at the 2019 Paris Airshow, has resulted in too little market share left for Boeing to make the current '797'/NMA design worth it.
Airbus' answer to the middle of the market question is a fleet pair of the A321neo and A330neo, however airlines have been interested in a single type with variants that can cover the role...
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