Boeing Moves Toward Developing 737 Max Replacement

(MENAFN) According to a report by a news outlet, the US-based aerospace company Boeing is in the early stages of crafting a new narrow-body, single-aisle jet intended to succeed its 737 Max series.

Though not yet formally revealed, the upcoming aircraft remains in initial planning and is pending approval from the Federal Aviation Administration (FAA).

Boeing CEO Kelly Ortberg has named a senior executive to lead product development within the company's commercial aircraft division.

This newly appointed leader will be responsible for supervising the creation of the new model that is set to replace the 737 Max.

Back in February, Ortberg traveled to the United Kingdom to meet with Rolls-Royce CEO Tufan Erginbilic, where they explored a potential agreement for supplying engines for the next-generation narrow-body plane.

Later, in September, Erginbilic remarked during an investor gathering that the project signals the company's forward-looking approach in technological advancement.

Recently, Boeing stated its primary focus remains on delivering and gaining certification for approximately 6,000 backlogged aircraft orders. However, the firm also indicated it is actively observing industry conditions and stands prepared to introduce a fresh design.

The next aircraft is set to prioritize a minimum of 15% improvement in fuel consumption, according to the aviation manufacturer.

Key innovations will likely include a reimagined engine design, reduced weight, and significant alterations to the fuselage.

Overall development costs are expected to reach several tens of billions of dollars.

The push to retire the 737 Max stems from safety concerns linked to two catastrophic crashes in October 2018 and March 2019.

These tragedies led to the worldwide grounding of the fleet, prompting Boeing to reconsider and eventually redesign its narrow-body aircraft line.

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