Interest in mid-sized jet from Boeing

Boeing, the world’s largest aerospace company, sees strong interest in the Middle East for its mid-sized jet and is progressing with plans to develop the new model.

“Customers see growth in the middle market, and we think what we’re planning is a terrific aircraft and we like how it’s shaping up,” Kevin McAllister, president and chief executive of Boeing Commercial said ahead of the Dubai Airshow.

There is no timeframe for the new aircraft’s production as of yet, he said.

Earlier reports have suggested the aircraft known as the 797 would have 220 to 270 seats and a smaller cargo hold to add passenger capacity.

Stan Deal, Boeing executive vice president, said he was optimistic about aviation demand and Boeing’s business in the Middle East despite regional geopolitical tensions. The manufacturer has a strong order base and has not had any delay in deliveries.

“We certainly plan to extend our order base here at Dubai Airshow,” Mr Deal said.

“We are shifting our competitive edge and are now focused on growth, with new offerings.”

Boeing is upbeat about the demand outlook following traction in important markets like China and Singapore, Mr McAllister added.

“Traffic is growing at an average 8 per cent – very strong globally – and in the Middle East it’s 7 per cent which is also good,” he said.

Boeing sees opportunity for its potential new plane model in Saudi Arabia’s domestic market.

The plane manufacturer discussed its middle-of-themarket jetliner with Saudi Arabian Airlines, as well as the longest version of the single-aisle 737 Max, reported Bloomberg.