Here's my story on the creation of the advanced development teams:
Boeing forms advanced development teams for 737 and 777A day after Boeing CEO Jim McNerney announced additional research and development allocated for 777 and 737 upgrades, the company has announced the establishment of advanced product development teams to study the future of both aircraft.Boeing Commercial Airplanes CEO, Jim Albaugh, has appointed Mike Bair, current VP of business strategy and marketing for commercial airplanes, and original chief of the 787 programme to head the 737 team. Lars Anderson, former 777 programme VP and general manager will come out of retirement to lead the 777 team."Defining Boeing's airplane product strategy is critical to our future growth. We need a clear vision and roadmap for both our single-aisle and twin-aisle offerings for the future," says Albaugh. "Also, in the global environment in which we operate, we need a sharpened situational awareness of macro-economic and geopolitical realities."
3:49 PM: The appointment of Bair and Anderson comes as part of a broad changes at Boeing Commercial Airplanes that include new heads of BCA Business Development, Engineering, Manufacturing and Quality, 787 final assembly, Boeing Charleston site as well as the 737 and 767 programs.
3:25 PM: The creation of the 777 and 737 Advanced Product-Development teams comes a day after CEO Jim McNerney announced that additional research and development funds would be allocated in 2011 to study the future of both products.
3:20 PM: Boeing has also created an 777 Advanced Product-Development team to study the future of the long-range twin-engine jetliner and will be headed by Lars Anderson, former head of the 777 program. Anderson has returned to Boeing after he retired in 2007.
3:07 PM: Boeing is set to announce a new program called Advanced 737 Product-Development with former 787 vice president and general manager Mike Bair as its head. Formal announcement form Boeing is expected shortly.
2:46 PM: First Tweet.