Thursday, 11 February 2016

Boeing plans new aircraft launch by end-year



Despite spending months pleading for patience, Boeing executives are now telling employees a launch decision for a new airliner aimed at the “middle of the market” (MOM) could be made by the end of the year.



In an all-hands meeting with employees on 10 February in Seattle, Boeing Commercial Airplanes chief executive Ray Conner said the new project could be launched as early as 2016, sources say.

Since at least 2012, Boeing has identified a gap in the market between the single-aisle 737 Max 9 and the twin-aisle 787-8. A two-year series of discussions with customers revealed a consensus for an aircraft with about 20% more range and payload than a 757-200.

Until now Boeing executives revealed no urgency behind a launch decision. In fact, only a day before Conner’s address to employees, Boeing vice-president of marketing Randy Tinseth said his time “have a lot of time to work through it” before making a decision.

But the 737 Max 9 has struggled to compete against the Airbus A321neo, which is outselling Boeing’s re-engined product by more than a five to one margin. Sales of the 787-8 also have cooled off since the introduction of the stretched 787-9.

But the company has a six-year backlog of major commercial projects already in development, starting with the entry into service of the 737 Max 8 next year. The 787-10 is scheduled for delivery in 2018, followed by the 777-9 in 2020 and then the 777-8.

A MOM aircraft is not likely to appear before 2022, giving Boeing at least six years to complete development if a programme is launched later this year.

Several potential customers, such as Air Lease founder Steven Udvar-Hazy, have pressured Boeing to deliver a clean-sheet aircraft that combines the range and payload of a small widebody, such as the 767-200, with the operating economics of a narrowbody like the 737-800.

Two industry analysts have concluded such an aircraft would likely require a new fuselage shape – elliptical instead of circular – to reduce aerodynamic drag while still providing enough payload.

Such an aircraft also may require new engines sized in a thrust-class between existing narrowbody and widebody engines, leading GE Aviation chief executive David Joyce to speculate last year that a clean-sheet engine design would be required.

But other concepts are reportedly under consideration, including a larger version of the 737 Max.

(culled from www.flightglobal.com

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