It could be on the verge of a new plane. The list goes on and on, but the news should please Boeing investors who are tired.
According to Bloomberg, Boeing (Ticker BA) head of commercial aircraft, Stan Dell, said this week that he is preparing a new aircraft for the Royal Aeronautical Society. Initial stages may include examining customers’ needs for a new aircraft and considering questions about aircraft size and new design features.
The new aircraft should be good news for Boeing. Back in August, Baron He said the new aircraft has been costly on R&D for years but is well-received by investors.
Arodynamics consultant Richard Abulafia said. Baron The new 757-aircraft was a “Boeing thing to do.” Credit Swiss analyst Robert Spingar makes a similar point in a separate discussion.
The 757-capacity jet carries 200 to 250 passengers and competes with larger versions.
(AIR.France) A321 NEO.
One of the challenges for both Airbus and Boeing is the new technologies that make the new product less expensive and more attractive than other aircraft in the market.
At this point, new technologies could be all new engine or wing design. It could also mean new, lighter materials, such as carbon dioxide. Each new technology increases the risk and can compensate for low costs that are hard to replicate.
Boeing did not immediately respond to a request for comment on Dell’s comments, so the details and timing of any new aircraft remain a mystery.
Boeing shares can certainly use incentives. Shares have fallen by 9% in the last three months. Of
Dow Jones Industrial Average
6% and 4% off, respectively, at the same time.
A.D. Boeing reserves fell 6 percent by 2021, hit by manufacturing problems and epidemics.
Write to Al Root at email@example.com