Boeing Sees Airline Thirst for New Mid-Range Jetliner Family

  • U.S. planemaker vies with rival Airbus over heir to 757
  • Development costs seen potentially surpassing $10 billion

Boeing, Airbus Look to Seal New Plane Orders

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Boeing Co. is seeing strong airline interest in a new mid-range aircraft on its drawing board, bolstering the case for its biggest potential product development of the next 10 years.

No current-generation aircraft are specifically designed for long flights within a region, like the seven-hour trek from Tokyo to Singapore, said Ray Conner, chief executive officer of Boeing’s commercial aircraft unit, told reporters at a Sunday briefing ahead of the Farnborough International Airshow in the U.K.