Boeing Co., feeling no pressure from airlines for an immediate decision on the stretched version of its 787 Dreamliner, said the plane wouldn’t reach customers until late this decade.
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Airbus is savoring a victory that tastes even sweeter to the European company than a $23 billion deal to sell 260 aircraft to American Airlines : it has just forced Boeing to climb down over product strategy.
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Boeing will do whatever American Airlines, one of its most loyal U.S. customers, wants it to do as the carrier gears up for a big aircraft order, the head of Boeing's commercial airplanes division said on Wednesday.
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American said that it planned to acquire 260 of the Airbus A320 aircraft and 200 Boeing 737s — half of which will be equipped with a new, more fuel-efficient engine. The move is a clear commitment by Boeing to revamp its best-selling 737 with new engines.
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