Boeing In Preliminary Stages To Develop 737 Max Successor: Report - Boeing (NYSE:BA)

Group 1 - Boeing is in the early stages of developing a new single-aisle aircraft to replace the 737 Max Jet [1] - Boeing CEO Kelly Ortberg met with Rolls-Royce to discuss developing a new aircraft engine and has been designing a flight deck for the new narrow-body aircraft [2] - The development of the new aircraft is still in preliminary stages, with decisions yet to be finalized, while Boeing's recovery plan is progressing smoothly [3] Group 2 - The FAA may allow Boeing to regain control of aircraft safety checks, enabling Boeing employees to resume phased authority for safety sign-offs on 737 MAX jets [4] - Boeing secured significant orders from Norwegian Group and Turkish Airlines, with orders for 30 737-8 Jets and 75 787-Dreamliner Jets, and Turkish Airlines planning to purchase over 150 additional 737 MAX aircraft [5] - Boeing delivered the first 737 Max aircraft to VietJet Air after a 9-year wait since the order was placed [5] Group 3 - Boeing scores well on the Momentum metric but has poor Growth metrics, with unfavorable Short and Medium-term price trends, while showing a favorable Long-term price trend [6]