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Daily Insight: Tuesday 11 June 2019: Paris Preview – Boeing

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News

In the wake of the 737MAX crisis, Boeing will focus most of its Paris efforts on the military market.  Boeing’s plans for Paris include only the 787-9 and a 737 Converted Freighter on the ramp for the commercial side, with the P-8 Poseidon, Advanced F15, AH-64 Apache, CH-47 Chinook, KC46A Pegasus, Boeing T-X full scale model, and a Passenger Air Vehicle designed for Urban mobility.

It is quite clear that Boeing’s focus will be on is military products and away from the 737MAX, which the company is no longer providing estimates for re-entry into service.  The 787-9 will be the featured commercial product at the show this year, with no NMA announcement forthcoming.

Analysis

Boeing will likely have a more subdued

show than usual given the situation with the 737MAX, and will certainly face questions during its media briefing next Monday.  We may learn more at that time, if Boeing has new news from regulators or an updated time line for re-certification and re-entry into service.  It now appears that the FAA wants to wait to gain a plurality of international regulators agreeing with its decision prior to approving re-entry into service, which may delay that process by six months as international regulators examine the certification process for the MAX.  We are now estimating a December return to service.  That has resulted in lower deliveries for Boeing.

In the wake of the 737MAX crisis, Boeing will focus most of its Paris efforts on the military market.  Boeing’s plans for Paris include only the 787-9 and a 737 Converted Freighter on the ramp for the commercial side, with the P-8 Poseidon, Advanced F15, AH-64 Apache, CH-47 Chinook, KC46A Pegasus, Boeing T-X full scale model, and a Passenger Air Vehicle designed for Urban mobility.

It is quite clear that Boeing’s focus will be on is military products and away from the 737MAX, which the company is no longer providing estimates for re-entry into service.  The 787-9 will be the featured commercial product at the show this year, with no NMA announcement forthcoming.


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