Boeing bullish on ‘middle of the market’ jets
Boeing is increasingly bullish about the opportunities for a new-generation aircraft to straddle the gap between existing single and twin-aisle passenger jets, as it prepares to launch a stretched version of its existing 737Max narrow body Monday. Kevin McAllister, head of Boeing Commercial Airplanes poached from General Electric 7 months ago, said he believed demand for a so-called “middle of the market” (MOM) aircraft could be close to 4,000 jets. This compared to the company’s own estimate a year ago of 3,000 aircraft and analyst’s forecasts for demand of between 2,000 and 4,000 passenger jets. “We see size of the market is maybe bigger than in some of these reports,” he said. “We see a bigger market. I am more bullish towards the higher side of that range.” Some analysts disagree however. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-06-19/general/boeing-bullish-on-2018middle-of-the-market2019-jets
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Boeing bullish on ‘middle of the market’ jets
Boeing is increasingly bullish about the opportunities for a new-generation aircraft to straddle the gap between existing single and twin-aisle passenger jets, as it prepares to launch a stretched version of its existing 737Max narrow body Monday. Kevin McAllister, head of Boeing Commercial Airplanes poached from General Electric 7 months ago, said he believed demand for a so-called “middle of the market” (MOM) aircraft could be close to 4,000 jets. This compared to the company’s own estimate a year ago of 3,000 aircraft and analyst’s forecasts for demand of between 2,000 and 4,000 passenger jets. “We see size of the market is maybe bigger than in some of these reports,” he said. “We see a bigger market. I am more bullish towards the higher side of that range.” Some analysts disagree however. <br/>
