Boeing may replace rather than Re-Engine, the 737
Analysts Say Boeing May Be Looking At A New Airplane
A report from an aviation analyst indicates that Boeing may be leaning towards a wholesale replacement of its workhorse 737, rather than the re-engining the airplane as had been originally planned.
A number of factors have gone into the thinking, according to the report from Leeham News & Comment. Leeham reports that Richard Sefran of the Buckingham Research said Boeing is leaning towards a new airplane, and that the annual investor's update supports that theory.
Airbus has announced that it will re-engine its fleet of A320 airplanes, so Sefran said that Boeing starting from scratch on a new airplane would put them at a short-term disadvantage. However, an aviation blog from the Seattle Post Intelligencer reports that Sefran thinks Airbus might follow Boeing's lead and start from scratch as well.
The report indicates that a new airplane could push Boeing ahead of Bombardier, which is producing the CSeries airplanes, as well as Embraer, and airplane makers in China and Brazil. Another factor could be that leasing companies would not like to see their existing fleets devalued by a re-engined 737. Replacing the airplane would give those already flying a longer service life.
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