Feb. 29, 2016 (c) Leeham Co.: The Boeing 737 MAX rolled out on time, the 787-10 is in production and the 777-9 is in firm configuration, says Randy Tinseth, VP-Marketing for Boeing Commercial Airplanes.
Boeing is watching oil prices, the global economy, geopolitical hot-spots, cargo demand and several other factors for the near-and long-term.
Tinseth said Boeing will be in a position to address 90% of the market demand of 38,000 airplanes forecast over the next 20 years with its 737-to-747-8 product line.
Boeing has built and delivered over 60,000 aircraft in its first 100 years (including Douglas/McDonnell Douglas airplanes), Tinseth said. The first passenger, Jane Eads (ironic in that Airbus’ parent used to be known as EADS), flew from Chicago to San Francisco over 22 hours in five airplanes.
“We created the schedule for the 737 MAX about four years ago,” Tinseth said. It rolled out on schedule and flew its first flight two days ahead of schedule. The heart of the market is the 737-8 and 737 MAX 200 with the same trip costs and more seats than the Airbus A320neo, Tinseth claims.
Boeing added 12 customers in the last four years, giving Boeing confidence in bridging the production between the 777 Classic to the 777X, Tinseth said. He said there is renewed interest in the 777-200LR due to 2% lower fuel costs, 125nm more range and lower fuel prices.
Tinseth said the 777 Classic/X has outsold the A350-1000 by 4:1.