No deadline for 737 re-engining, says Boeing

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Boeing says it is not holding itself to a deadline to decide whether to re-engine its 737 narrowbody, in a further indication that a decision could come only next year at the earliest.

"We are going to take our time, we are not tied to any timeline. We are tied to making the right decision," says Boeing's VP for marketing Randy Tinseth.

The airframer had earlier said it would decide on whether to re-engine the 737 this fall, but recent indications show that this could be delayed until next year.

Acknowledging that Boeing "got a bit excited" with its initial projected timeline, Tinseth adds that reactions from customers towards a potential re-engining have been mixed.

"This is an incredibly important decision for us," says Tinseth. "We can't get it wrong, we can't make a mistake."

Airbus is also believed to be nearing a decision on re-engining the Airbus A320 family aircraft, but has cautioned that such a decision is only a first step in a long process that must win final approval.