Could it be a 737 replacement? Boeing is rethinking the 797

EVERETT — The launch of the Boeing Co.’s much-anticipated New Midsize Airplane, the so-called NMA or 797, is on a slower track now while the company re-evaluates airline needs.

Chief Executive Officer David Calhoun, who took the reins Jan. 13 after former CEO Dennis Muilenberg was fired, said Wednesday that the company’s plan to rethink the NMA’s feasibility is “not intended to delay but refresh.”

“I’m just simply going to listen to customers and markets,” Calhoun said Wednesday on a conference call to discuss dismal financial results for 2019, in which Boeing booked its first loss since 1997. “It’s been over two years since we started that whole discussion. I’m going to refresh it every way I can think of, along with my new commercial airplane leader, and then we’ll get out with new news.”

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Meanwhile, he said, he will mostly be focused on getting the grounded 737 Max back on track this year while others work on a business case for the next new airplane model — whatever that may be.

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