Analyst: Airlines need new 777 more than new 737

07/9/2010 | Aviation Daily

Boeing has seen a sharp decline in order backlog for 777 wide-body jets, according to J.P. Morgan analyst Joseph Nadol, while the backlog for 737s has held up well. According to Nadol, Boeing is losing ground to the Airbus A350XWB among airlines seeking wide-body airliners. Most industry speculation has centered on a possible successor to the 737, but Nadol says the 777 is Boeing's more vulnerable model.

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