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Boeing: The 737 Max replacement model is not an urgent priority.
According to a report by the Financial Times on June 1, Jin10 data, Boeing (BA.N) CEO David Calhoun stated in an interview that launching a new aircraft to replace the best-selling Boeing 737 Max is not a priority. He remarked that the market is not yet ready for a new model, and Boeing's current financial situation is not suitable for investing in the development of a new aircraft. Calhoun mentioned that Boeing is working with the Trump administration to ensure that the company can withstand the impact of the trade war. The current trade situation is still unclear, which means Boeing will have to remain flexible and continue communicating with the U.S. government. He stated that Boeing will spend less than $500 million each year on imported products necessary for manufacturing its products.