Boeing Chief Executive Officer David Calhoun confirmed to investors this week that the aircraft manufacturer is not looking to introduce a brand-new model anytime soon. He cited the lack of propulsion systems on the horizon that can deliver the improvements to make developing a new airframe worthwhile.
As aircraft often remain in the market for many years, Calhoun wants the next jet to be groundbreaking rather than rushed through to fill a gap. He explained that fuel efficiency and carbon emissions reductions are crucial hurdles that Boeing must overcome before moving forward.