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Boeing: Commercial Airplanes Product Lineup Positions Company For Future Growth

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Boeing (BA) is poised for future growth as it builds on its commercial airplanes with new offerings in both the single and twin-aisle market divisions.

According to Boeing Commercial Airplanes' President and CEO, Ray Conner, "Our current products, such as the Next-Generation 737, 747-8, 777 and 787, offer outstanding efficiency and our future products will continue to lead in every segment. There's no doubt our lineup is much broader than the competition."

Conner gave a summary of Boeing's product strategy during a briefing at the 2013 Paris Air Show, and said talks with customers are helping to rapidly define the 777X and 787-10X. "We want to maintain our lead of the widebody segment and grow it even more. These airplanes will allow us to do just that," Conner added. In the single-aisle segment, Boeing's new 737 MAX has now recorded over 1,300 orders and continues to reach key milestones on schedule.

Production rate increases on the 737, 777 and 787 programs have been executed, and future rate breaks remain on target. The production rate increases are underpinned by strong global market demand.

Looking ahead, Boeing projects a demand for over 35,000 new airplanes over the next 20 years, valued at $4.8 trillion. According to the company's annual Current Market Outlook released last week, the world fleet is expected to double over the next two decades.

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