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Introduction

By Scott Hamilton March 16, 2020, © Leeham News: “I can tell you from our perspective, we're kind of sick and tired of new, new technology. It's not proven to be the home run.” This blunt assessment comes from the chief executive officer of the big aircraft lessor, Avolon. Domhnal Slattery, the CEO, was giving his critique of whether Boeing should launch a new airplane once the 737 MAX crisis is over. Boeing was on a path to decide whether to launch the New Midmarket Airplane when the MAX was grounded one year ago this month. Airbus was waiting for Boeing to move before deciding how to respond.

Summary

• Airbus and Boeing should “stick to their knitting.”
• Focus on incremental improvements for now.
• 2030s to 2050s will be the next big advance in technologies.