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Boeing Shares Dip as Development of 737 MAX Successor Begins
Boeing Shares Dip as Development of 737 MAX Successor Begins
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BTCCSquare news:
Boeing's stock fell 1.8% to $213.18 amid reports of early-stage development for a new single-aisle aircraft intended to replace the 737 MAX. Regulatory scrutiny and production challenges continue to weigh on the aerospace giant.
The company has initiated design work on the flight deck and propulsion systems, engaging in preliminary talks with Rolls-Royce about potential engine technology. CEO Kelly Ortberg has reorganized leadership to prioritize next-generation aircraft development, though no formal timeline has been announced.
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