Five Airlines Commit To Re-Engined Boeing 737 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.18.16

Airborne 05.19.16

Airborne 05.20.16

Airborne Hi-Def On YouTube

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.18.16

Airborne 05.19.16

Airborne 05.20.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

 

Tue, Aug 30, 2011

Five Airlines Commit To Re-Engined Boeing 737

Board Of Directors Gives Green Light After Orders For Nearly 500 Updated Airliners

The question as to whether Boeing will re-engine its workhorse 737 or design a completely new airplane has finally been answered. The company's board of directors has approved the launch of the new engine variant of the market-leading 737, based on order commitments for 496 airplanes from five airlines and a strong business case.

"The re-engined 737 will allow Boeing to continue to deliver the most fuel efficient, most capable airplane with the lowest operating costs in the single-aisle market," said Boeing Commercial Airplanes President and CEO Jim Albaugh in a news release Tuesday. "This, coupled with industry leading reliability and maintainability, is what customers have told us they want. As a result, we are seeing overwhelming demand for this new and improved version of the 737. We are working with our customers to finalize these and other agreements in the weeks and months ahead."

The new 737 family will be powered by CFM International LEAP-1B engines optimized for the 737. It will have the lowest operating costs in the single-aisle segment with a 7 percent advantage over the competition. Deliveries are scheduled to begin in 2017. "Customers tell us they want to improve profitability and fuel efficiency while reducing their environmental footprint," said Albaugh. "This solution meets all three of those needs."

When compared to a fleet of 100 of today's most fuel-efficient airplanes, Boeing says this new model will emit 277,000 fewer tons of CO2 and save nearly 175 million pounds of fuel per year, which translates into $85 million in cost savings. The airplane's fuel burn is expected to be 16 percent lower than our competitor's current offering and 4 percent lower than their future offering.

Boeing has named Bob Feldmann vice president and general manager of the new engine 737 family. With 35 years of aerospace experience, Feldmann most recently led the Surveillance and Engagement division within Boeing Military Aircraft, a unit of Boeing Defense, Space & Security that includes several commercial derivative programs based on the 737 platform. He has been instrumental in leading the successful development of complex programs such as the EA-18G Growler and the P-8A Poseidon.

Michael Teal has been named vice president, chief project engineer and deputy program manager. Teal's most recent role was vice president and chief project engineer on the 747-8 program, where he was instrumental in managing the airplane's configuration and integration, performance, safety, test and certification.

The 737 family has won orders for more than 9,000 airplanes, and the company says its Next-Generation 737 program has continuously improved the products, features and services that provide increasing value to customers. Boeing forecasts global demand for more than 23,000 airplanes in the 737's market segment over the next 20 years at a value of nearly $2 trillion. (Images Courtesy Boeing)

 FMI: www.boeing.com

Advertisement

More News

Airborne 05.20.16: NATA: User Fee Folly, SpaceX Update, AMA Scholarships

Also: Cropduster Tragedy, ANN/Airborne Team Update, FAA SAIB, Gulfstream G650ER, Drone Market Growth, Gripen E, American Airlines The FAA recently released a study of scheduled and>[...]

U.S. Navy To Deploy AeroVironment Blackwing Reconnaissance Systems

Will Be Carried On Attack And Guided Missile Submarines The U.S. Navy has announced it will deploy small, tube-launched 'Blackwing' unmanned aircraft system that deploy from under >[...]

AeroSports Update: EAA AirVenture Begins┬ůSort Of

The Gates Aren’t Open Yet, But The FAA AirVenture NOTAM Has Been Issued Meaning The Fuse Is Lit On Monday, May 16, AeroSports Update clued our readers in to our plans to publ>[...]

Aero-News: Quote Of The Day (05.23.16)

“It is a game-changing technology identified in the 2016 Defence White Paper and could revolutionise global air travel, providing cost-effective access to space.” Sourc>[...]

Klyde Morris (05.23.16)

Klyde's Not Thrilled With General Media Crash Coverage, Either... FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC