Photo: Courtesy, Boeing Boeing's board of directors formally approved the launch of the re-engined 737, which the company said will burn 4% less fuel than the re-engined Airbus A320neo. The aircraft will be called the 737 Max and offered in three variants: the Max 7, Max 8 and Max 9. Boeing said in a statement that it has "order commitments" for 496 re-engined 737s (ATW Daily News, July 29), to be exclusively powered by CFM International Leap-1B engines, from five ...

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