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Analyst: Boeing customers prefer a new narrow body jetliner

RBC Capital has conducted its own survey of Boeing’s major 737 customers and found they showed a “resounding preference” for a complete replacement of Boeing’s 737 Next Generation aircraft, rather than a re-engined plane.

“If Boeing follows the pattern of the 787, and listens to what its customers actually want, then we expect to see a formal decision not to re-engine the 737 this summer, and then a formal launch of a 737 successor in the 2015-17 period, with an estimated entry into service in 2020-22,” RBC Capital analyst Robert Stallard wrote in a report about the survey Wednesday.

Equipping the 737 with new engines would not be easy, Stallard wrote. It would require significant changes to the nacelles, wing and forward landing gear.