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Boeing explores possible new jet while working to improve finances: report
Fox Business • • business
Key Points:
- Boeing CEO Kelly Ortberg revealed the company is in early stages of developing a new airplane design but has not finalized any configuration, emphasizing ongoing evaluations and trade studies.
- Ortberg highlighted the need to improve Boeing’s financial position, develop necessary technologies, and deliver delayed aircraft, such as the 777X, before launching a new model.
- The company is focused on fulfilling existing orders rather than acquiring new ones, with FAA certification expected soon for the 737 MAX 7 and potentially the MAX 10.
- Boeing chose not to showcase the 777X at the Farnborough Airshow due to pending FAA certification, reflecting caution in its current production and delivery efforts.
- The potential new airplane aims to compete with Airbus’ A320 family, coinciding with a recent announcement of China agreeing to purchase 200 Boeing jets, boosting the company’s order book.
