Core Insights - Boeing has initiated the development of a next-generation single-aisle aircraft to potentially replace the 737 MAX, aiming to recover market share lost to Airbus due to previous quality issues [1][3][7] Group 1: Aircraft Development - The 737 MAX is Boeing's best-selling jet, and the company is exploring a new engine in collaboration with Rolls-Royce for the upcoming aircraft [2][4] - Boeing's CEO Kelly Ortberg has emphasized the importance of innovative design to sustain business growth for the coming decades [2][3] Group 2: Market Position and Recovery - Boeing is under pressure to restore its reputation following the 737 MAX crashes, and a new single-aisle jet could serve as a catalyst for share price recovery, which has already increased by over 20% this year [3][9] - The Federal Aviation Administration (FAA) will need to approve the new aircraft, marking a significant shift as Boeing has traditionally used engines from a GE Aerospace and Safran joint venture for its 737 series [4][5] Group 3: Recent Performance - The FAA has begun easing restrictions on Boeing's aircraft deliveries, indicating progress in the company's quality improvement efforts [8] - Boeing has recently secured orders for its 787 Dreamliners from Uzbekistan Airways and Turkish Airlines, showcasing a positive trend in its broader aircraft portfolio [8]