Analyst: Boeing Will Opt For New Narrowbody

By Joseph C. Anselmo

A Wall Street analyst predicts Boeing will up the ante in the race to build a better passenger jet by launching development of new aircraft to replace its 737 narrowbody.

Morgan Stanley’s Heidi Wood says she expects the company will spend as much as $13 billion to develop the new jet instead of a less costly but inferior move to outfit the existing 737 with next-generation engines. The all-new ...

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