Thursday, July 29, 2010

Boeing's McNerney: Customers are pushing for 737 replacement

While customers show resurgent interest in Boeing's 737, they also are more interested in a replacement for the single-aisle mainstay than a 737 outfitted with new engines, Boeing Chairman, President and Chief Executive Officer Jim McNerney said Wednesday.

"The customer feedback ... is sort of pushing us toward a new airplane, on balance," McNerney said in a conference call to discuss second-quarter earnings. "But there are those who also make the case for re-engining."

Boeing faces pressure in the single-aisle market from upstart competitors such as Canada's Bombardier, China's Comac, Brazil's Embraer and Russia's United Aircraft Corp. And Airbus is expected to announce a re-engining of its A320 family......

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