A Wall Street analyst is predicting that Boeing will up the ante in the race to build a better passenger jet by launching development of new aircraft to replace its 737 narrowbody. Morgan Stanley’s Heidi Wood says she expects the company will spend as much as $13 billion to develop the new jet instead of a less costly but inferior move to outfit the existing 737 with next-generation engines. The all-new aircraft — possibly twin-aisled to allow faster loading of passengers — could be ...
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