Business & Finance

Boeing expects customers to look at Airbus A320neo

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Speaking to reporters at the Paris Air Show, Jim Albaugh said Boeing would not react to that kind of pressure and that it intended to make a plane that satisfies market needs for decades.

Albaugh said he did not know where a new 737 would be built and has not ruled out building the current version of the 737 at the same time as an upgraded plane.

Copyright Reuters, 2011