Are Boeing planning a new aircraft?
Boeing executives have made a statement telling employees that by the end of 2016, the decision on whether they will start development on a new airliner aimed at the “middle of the market” will be made. The company have identified a gap in the market which they currently do not cover, a gap between the single-aisle 737 MAX and the twin-aisle 787. Market research has been conducted with the company’s customers, and a consensus has been revealed for an aircraft with approximately 20% more range and payload than a 757-200 would meet this market.
In recent months, Boeing executives had requested patience with the decision, however their 737 MAX 9 has struggled to complete with the Airbus A321neo, which is shown to be currently outselling Boeing’s product by more than five to one. However, it is unlikely that the middle of the market (MOM) aircraft will appear before 2022, which gives the company 6 years to develop the idea into reality if the decision to go ahead is made.