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Boeing Sees Decision on New Jet Sliding ‘Toward End of Year’

Boeing Co. said its decision on a new narrow-body jet now may come “toward the end of the year,” pushing back an earlier target of mid-2011, as it considers a plane that’s only “slightly” bigger than the 737.

Airlines have been briefed on Boeing’s plans and don’t need a verdict in the coming weeks on the successor to the 737, the world’s most widely flown jetliner, Jim Albaugh, the commercial airplanes chief, said today in a presentation to investors.