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Why is Boeing Replacing the 747 and 787 with the 737 MAX

18.02.2024
Why is Boeing Replacing the 747 and 787 with the 737 MAX

The management of Boeing believes that in the next 20 years, the market for narrow-body aircraft is waiting for the most significant growth.

That is why the aircraft manufacturer is opening a new production line for the Boeing 737 MAX

Over the past few years, Boeing and Airbus have been constantly investing in the development of technologically advanced versions of their families of narrow-body Boeing 737 and Airbus A320 aircraft. And this is not by chance: more and more carriers speak positively about these projects. Therefore, it is not surprising that Boeing announced on the eve of the opening of the fourth production line for the 737 MAX in Everett.

The choice of Everett as the location of the additional “conveyor” is justified by the fact that this plant in Washington State is becoming less busy with the end of production of the Boeing 747 and the transfer of the Boeing 787 project. In addition to the three existing production lines in Renton — currently only two are operating — the opening of the fourth line allows the American manufacturer to increase production of a family of narrow-body aircraft.

In 2022, Boeing produced an average of 20 to 25 Boeing 737 airliners per month, falling short of the target quota of 31 copies. Nevertheless, Boeing took advantage of the 737s that it manufactured during the ban on flights of this type of aircraft, thus managing not only to reach, but also to overcome the planned bar of 357 aircraft. However, this is still noticeably less than that of the Airbus A320 family delivered in 2022: 516 units.

The fact of the rapid increase in production of the Boeing 737 MAX reflects Boeing’s forecasts regarding the demand for aircraft over the next twenty years. In its forecast for the development of the commercial market (CMO) for 2022-2041, Boeing expects the most significant expansion of the narrow-body aircraft market with a projected growth of 50%.

The management of Boeing Commercial Airplanes has already started notifying suppliers, customers and trade unions. Almost every appeal emphasizes that safety and quality will be the main priorities in the commissioning of the new plant.

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