By Scott Hamilton
March 2, 2020, © Leeham News: NMA. NSA (version 1). NSA (version 2). NLT. FSA. MOM.
These are Boeing’s acronyms for its next airplane. Whatever it will be.
NMA stands for New Midmarket Airplane.
NSA version 1 stood for New Single Aisle Airplane. It was replaced by version 2, New Small Airplane. This was replaced by FSA, Future Small Airplane. Some called this the Future Single Aisle airplane.
Then there is NLT, New Light Twin, from 2011. Which really begot the NMA, which was initially the MOM, or Middle of the Market Airplane. We called it MOMA at times.
It’s all very confusing. The Next Boeing Airplane is such a moving target. Maybe it should be called the NBA, although some association involving basketball might object. (The Next Airbus Airplane logically would become the NAA.)
Then there is the next new airplane from Embraer, after its joint venture with Boeing is finally approved (as I believe it will be).
Embraer CEO John Slattery want to do a turboprop. So does this become the E3TP?
The JV agreement calls for Embraer (to be named Boeing Brasil-Commercial) to do the next jet in the 100-150 seat category. Does this become the E3150, E3JET, BBCX or something else?
The growing costs and charges for the 737 MAX grounding forced Boeing to reveal some interesting numbers in its 2019 10K filing with the Securities and Exchange Commission.
Carter Copeland of Melius Research dissected the full-year disclosures in a Feb. 27 research note.
The highlights, quoting verbatim:
Boeing has long been the freighter airplane king.
For decades, Boeing itself or via third parties supplied the air cargo industry with converted 737-400s/800s; new build and P2F conversions for 767s; new build 777-200LRFs; and, of course, the new-build of P2F 747s.
Airbus had a modest run of new built A300-600Rs. Third parties converted A300B4s and A310s. The Airbus effort for new-build A330-200Fs wasn’t a great success and so far, neither has third-party A330-200 P2F conversions. An effort so far to offer new-build A330-800 or 900neo freighters hasn’t taken off.
Now, the first A321P2F conversion is nearing certification via EFW-ST Aerospace. A second company, Precision Aircraft Solutions, is nearing production of a competing A321P2F. These target the replacement market for the 757. EFW is 45% owned by Airbus.
Airbus is developing an A350-900 new built freighter. This will challenge the 777F. The 777F has been Boeing’s mainstay to bridge the production between the 777 Classic and the delayed 777-9.
The freighter market has been the big, gaping hole in the Airbus product line. After decades, it appears Airbus is finally ready to make a solid challenge.