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Boeing’s Next Airliner Might Fly Investors Into Turbulence
One reason things have being going so well for Boeing Co. shareholders: The airplane giant hasn’t tried to build a new type of plane lately. That looks about to change. Next year, Boeing is likely to decide whether to start developing its first new airliner in 15 years. Investors would be right to worry. New planes are hugely risky, in terms of cost and design and predictions of market demand years in advance. Boeing’s last big bet was the 787, which launched in 2003, cost $30 billion and only… (www.wsj.com) More...
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Thank you for posting the link for the article. It is frustrating when the story is behind a pay wall. I have to wonder, and I'm certainly not an expert, but is there really a need for this aircraft?
This is when airlines has just begun retiring their A321/A320 fleets. Also is when some A330s will be replaced as well. There is a huge market if the airline doesn't have fleet plans for 2019-2021. The A321 originally competed with the 757, so when airlines retire them without further plans the NMA could just fit in to the fleet, providing that its equipment is proven in use, wouldn't want another battery incident...
Thanks for the post. Boeing should keep the signature 757 designation and increase the variant number instead of using the 797 designation. I’m thinking 757-500(ER) or something to that tune. The public and the investors would feel like a different variant of the original model is being sought versus a new aircraft being created.
Boeing got a blood bath with the 787 which still has to show a single cent in profits but it learned a lesson the bloody way. It they embark on a new aircraft project chances are that it is going to be a well thought out thing and will make plenty of money.
Several years ago I saw a sticker on a pilots flight bag saying. IF ITS BOING IM GOING. Well said.
http://www.paywallnews.com/business/Boeing%E2%80%99s-Next-Airliner-Might-Fly-Investors-Into-Turbulence-.HJbeDJ5U7M.html
This article would indicate that the 797 would be a truncated 787 which would mean many of the development costs and technology have already been developed ....essentially it would not be a new airplane.
If one were to think this through Boeing's competitors in not just Airbus, but their own 757 which continues to provide yeoman service to that market segment. The new aircraft will have to show significant economies considering the 757 fleets are already capitalized in order for the market to buy them as replacements. There will also have to be a significant additional market for this 787-500.