During Boeing’s first-quarter earnings call last week, Chairman and CEO Dennis Muilenburg was reserved addressing questions about the company’s plans for a New Middle-of-the-Market Aircraft (NMA), also dubbed the 797 by industry watchers. The company is rightly focused on getting the 737 MAX back in the air, but its problems with the 737 MAX may be an argument in favor of moving forward with the 797 program. Some industry analysts believe that Boeing would be smart to commit soon.
Boeing Corporate Offices
Boeing
“Boeing [recently] reiterated their belief in the market for the NMA as they find a gap between the narrow body market (150-200 passengers/3,000 nautical mile range) and the wide body market (350 PAX/above 6,000NM) that could be filled by the NMA; an aircraft with 250 seats or so, that they estimate to be in the 2,000 aircraft need,” says Mylène Scholnick, Senior Advisor at ICF Aviation Group. “At the earnings call for 1Q19, they were a little less firm on announcing it at the Paris Air Show as initially planned as they are putting all resources and focus on the MAX situation. It was actually the first time they mention that there is a potential effect on the NMA from the MAX. They are still targeting to making it available by mid 2020s, but have made it now a ‘potential opportunity’ with the board to make a firm decision.”
Fleet data from aviation industry market intelligence site ch-aviation GmBH reveals
Article source: https://www.forbes.com/sites/marisagarcia/2019/04/29/should-boeing-commit-to-new-797-nma-now-while-addressing-737-max-issues/


