Boeing CEO Sees Way to Build Two New Jets Without Breaking Bank
- Research and development costs to peak this year: Muilenburg
- Max 10 and middle-of-market airplanes on the drawing board
QuickTake: Jumbo Jets Are Losing Their Romance
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Boeing Co. Chief Executive Officer Dennis Muilenburg says he can add two more jetliners to an already bulging product-development effort without causing spending to soar over the next five years.
The U.S. planemaker is deep in talks with customers over ways to fill the gap in its offerings between the narrow-body 737 and wide-body 787 Dreamliner families, as Airbus Group SE grabs sales with the A321neo jet. Talks are focused on two potential planes: the so-called Max 10, a stretched version of the largest 737 model that could reach the market by decade’s end, and the first of a family of mid-range jets to debut about five years later.