U.S.-based aviation company Boeing is preparing to produce a new narrow-body, single-aisle aircraft to replace its 737 Max model, sources report.
The project is still in early development and awaits Federal Aviation Administration (FAA) approval.
Boeing CEO Kelly Ortberg has appointed a senior product chief to oversee the development of the 737 Max successor. Earlier this year, Ortberg met Rolls-Royce CEO Tufan Erginbilic in the UK to discuss potential engine supply for the new aircraft.
The firm says the new model will aim for a minimum 15% improvement in fuel efficiency, featuring a lighter design, new engine architecture, and significant fuselage changes. The project is expected to cost tens of billions of dollars.
Boeing is seeking to regain market share lost to European competitors such as Airbus, following fatal 737 Max crashes in 2018 and 2019 that claimed 346 lives and led to a global grounding of the fleet. A similar incident involving the 737-800 occurred in South Korea in December 2024, marking the country’s deadliest aviation disaster.
The company has since overhauled senior management and addressed safety protocols. Boeing says it is currently focused on delivering and certifying around 6,000 backlogged aircraft while preparing for the introduction of the new model.
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At least five people have died following a magnitude 6.9 earthquake that struck the Philippines on Tuesday, authorities report.
Yemen’s Houthi rebels have claimed responsibility for a missile strike on the Dutch-flagged cargo vessel Minervagracht, saying the attack was carried out on Monday outside the usual Red Sea theatre of their operations.
A flotilla of ships heading towards the Gaza Strip is preparing for a potential interception by Israeli forces, according to activists on board.
Galatasaray claimed a 1-0 win over English side Liverpool in the second round of the UEFA Champions League.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
The Organization of Petroleum exporting countries OPEC+ is likely to consider a larger oil production increase of 411,000 barrels per day for November at its meeting next Sunday as rising oil prices encourage the group to try to regain more market share, said sources familiar with the talks.
Chinese electric vehicle manufacturer BYD Co expects exports to account for around 20% of its global sales this year, supported by the launch of new models, the South China Morning Post reported on Monday.
Italy’s ruling League party has said domestic banks should contribute around €5 billion ($5.85 billion) towards the 2026 budget.
U.S. stock markets ended higher on Friday, following largely in-line inflation figures, although indices recorded losses over the week.
Inflation expectations for the next 12 months in the eurozone rose to 2.8% in August, up from 2.6% in July, according to the results of a consumer survey published by the European Central Bank (ECB) on Friday.
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