Boeing (BA) is planning a successor to the 737 MAX, a new single-aisle airplane, as it looks to recover business lost to Airbus (EADSY) amid a series of quality and safety problems, The Wall Street Journal’s Benjamin Katz and Drew FitzGerald report. According to two people familiar with the matter, Boeing CEO met with Rolls-Royce (RYCEY) officials earlier this year, where they discussed a new engine for the aircraft. Boeing has also been designing the flight deck of a new narrow-body aircraft, according to a person familiar with the plans. The new aircraft is in early-stage development, the people add.
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