A Boeing 767-X Would Be a Huge Boon to General Electric
Boeing is now considering a far more modest undertaking: revamping the 767 with new GEnx engines
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October 21, 2019 - by Adam Levine-Weinberg for fool.com
The goal would be to offer more range and more seating than today's biggest narrow-body jets, like the Airbus A321neo and its long-range variants, while keeping trip costs dramatically below those of wide-body jets, even highly efficient ones like the Boeing 787.
Unfortunately, the Boeing 737 MAX safety debacle has forced the company to put development of the 797 on the back burner. That has essentially ruled out its original plan of having the proposed jet ready for service by 2025.
As a result, Boeing is now considering a far more modest undertaking: revamping the 767 with new GEnx engines from General Electric (NYSE:GE) to fill the middle-of-the-market role. If it proceeds with this project, it would be great news for GE.
What Boeing is studying
The Boeing 767 was developed beginning in the late 1970s, with several variants introduced throughout the 1980s and 1990s. Given that the 767 relies on a 40-year-old basic design and 1980s engine technology, it isn't as fuel-efficient or
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