iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

$BA Says 737 Outlook is Upbeat

“NEW YORK (Reuters) – Boeing Co said on Thursday it settled on a “firm concept” for its new 737 MAX jet, and chose Honeywell International Inc and Rockwell Collins Inc to supply new systems for the new plane.

The Chicago-based company also said it expected to see further increases in production rates for the single-aisle 737, its best-selling jet.

Boeing said it has decided on a “firm concept,” finalizing some basic design parameters for the 737 MAX and expects it to use 13 percent less fuel, compared to the current 737s. The plane would include new LEAP-1B engines from CFM International, which combines resources from Snecma, a unit of the Safran Group of France, and General Electric Co .”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter