Boeing rolled out the 1,000th 767 Wednesday (Feb. 2) and BCA CEO Jim Albaugh suggested there is a longer life for the airplane even if the USAF doesn’t choose the KC-767 for its next tanker.
We first suggested there might be a longer life in January 2010 with this posting.
We don’t really have much to add to Gates’ story or our previous post except for this refreshed analysis:
Boeing has the opportunity to refresh the 767 into an “Advanced” model (we’re not sure the “Next Generation” would accurately reflect an upgrade, but it might) that, coupled with a dramatic price reduction in actual sales prices if not published list prices might be fairly attractive for cheap lift, especially for airlines unable to afford the going rates on 787s and Airbus A330s or A350s.
Consider the following hypothetical in product improvement, none of which is out of the realm of possibility:
If Boeing and the engine makers could achieve these savings, you have a combined reduction in 5.5%-8%, at least in theory. While this is still well short of the savings promised by the 787 and A350, coupled with low capital costs (both in the acquisition price and the attendant financing costs), and an airline could buy a lot of fuel.
If Boeing further spruces up the airplane with the Sky Interior along the lines of the 787 and adapted for the 737 and 747-8I, and you could have a pretty attractive airplane.