Boeing's McNerney: "We're going to do a new airplane"

Boeing will replace its 737 rather than outfitting the single-aisle workhorse with new engines, company President Chairman and Chief Executive Jim McNerney said Thursday.

"We're going to do a new airplane," McNerney said at the Cowen Aerospace/Defense Conference in New York.

He then qualified this a bit, saying: "We're not done evaluating this whole situation yet, but our current bias is to not re-engine, is to move to a whole new airplane at the......

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