Boeing Will Try To Catch Up To Airbus With Bigger 737 Max

Boeing Dreamliner 787 planes sit on the production line at the company's final assembly facility in North Charleston, South Carolina, on Dec. 6, 2016. MUST CREDIT: Bloomberg photo by Travis Dove.

Boeing said Monday that its board of directors has given the green light to develop a new super-stretched version of its single-aisle 737 Max.

Boeing (BA) wants to punch back at Airbus (EADSF), which is outselling the U.S. plane maker roughly five to one in sales for the biggest single-aisle jets.

So what is this latest model of Boeing’s best-selling airliner? The 737 Max 10 is five-and-a-half feet longer than its current 737 Max 9 to squeeze more seats. The Max 9 typically seats 178. The new model will seat between 180 and 230 passengers.

Airlines are increasingly selecting bigger single-aisle jets. They made up more than 40% of Airbus’s single-aisle jet deliveries in 2016, up from just 13% in 2010. Airlines like American Airlines, JetBlue Airways and Delta Air Lines have made the A321 a workhorse in the United States on transcontinental routes. Read more at CNN.



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