Boeing Co's new chief executive has sent the aerospace giant back to the dr...
) new chief executive has sent the aerospace giant back to the drawing board on proposals for a new mid-market aircraft, effectively shelving in their current form plans worth $15 billion-$20 billion that had been overtaken by the 737 MAX crisis.
But days after taking the helm with a mandate to lift Boeing out of its 10-month-old reputational crisis, Chief Executive Dave Calhoun said the competitive playing field had changed. Calhoun “has asked the team to do an assessment of the future market and what kind of airplane is needed to meet the future market,” spokesman Gordon Johndroe said.
That contrasts with the approach just weeks ago when Boeing was still presenting new details of the NMA to some airlines, including a working logo - “theNMA” - and details of an “advanced composite” structure, according to a slide seen by Reuters. Calhoun said he expected the MAX, whose return to service was delayed again earlier this week, to resume its previous place in the market and remain in service for a generation.
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