Boeing to redesign 737 engine amid competition
Source: The Oklahoman - Aug 30, 2011 at 10:18 AM
NEW YORK (AP) — Boeing says it's planning to redesign the engine of its workhorse 737 airplane in an effort to quickly match growing competition from rival plane maker Airbus.
The Chicago manufacturer said Tuesday it has received commitments for 496 airplanes with the new engines from five airlines.
The redesign was spurred by an announcement by American Airlines that it would order at least 460 new jets, split between Boeing and Airbus.
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