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Prioritize 777 Replacement, Analyst Says
Jul 8, 2010
By Joseph C. Anselmo
Boeing’s top priority should be replacing its 777 widebody jet, not the 737 narrowbody, an analyst says.
J.P. Morgan’s Joseph Nadol warns that Airbus’s new A350XWB widebody family, which is scheduled to enter service in 2015, already is eating into 777 sales. He notes that 777 backlog peaked more than two years ago and now totals just 3.2 years' worth of production, compared with nearly five years' worth of production in the 737 backlog. “Boeing still needs an answer to the A350XWB,” Nadol wrote in a July 7 note to his clients.
Jul 8, 2010
By Joseph C. Anselmo
J.P. Morgan’s Joseph Nadol warns that Airbus’s new A350XWB widebody family, which is scheduled to enter service in 2015, already is eating into 777 sales. He notes that 777 backlog peaked more than two years ago and now totals just 3.2 years' worth of production, compared with nearly five years' worth of production in the 737 backlog. “Boeing still needs an answer to the A350XWB,” Nadol wrote in a July 7 note to his clients.
