Potential new plane nicknamed Mom becomes talk of Paris Air Show

AS AVIATION leaders mingle in Paris for the industry’s largest expo, much of the talk centres on a Boeing plane nicknamed Mom that does not yet exist.

The tag is an acronym used internally at Boeing for “middle of market”, a jet that would be sized to fit between the current single- and twinaisle offerings and succeed the discontinued 757. It said yesterday that the new planes would be used to build out its AirBridgeCargo scheduled freight business. The aircraft will be acquired through a

No matter that it wouldn’t be in service until the 2020s. Just the promise of the first allnew Boeing since the 787 Dreamliner is enough to generate a Paris Air Show buzz, especially with product introductions noticeably absent this year. Lessors, engine makers, airlines and Airbus Group are all chiming in on the potential benefits and pitfalls. mix of direct purchases and leasing over the seven years.

The Russian carrier is best known for its fleet of Antonov An-124-100 Ruslan planes. The

“I would argue that certainly there’s a market there,” said David Joyce, the chief executive of General Electric’s GE Aviation, which was “working on some technologies and some capabilities” for a 757-class plane.

The new jet may seat about 220 people, according to Boeing, which began dribbling out details in the run-up to the Paris fair. That’s similar to the narrow- superjumbos, with a payload of 120 tons and the biggest door dimensions of any cargo model, are used for shipments spanning Nasa space rockets body 757, which went out of production a decade ago, but remains cherished by some airlines for its capabilities on US transcontinental trips and longhaul routes too thinly travelled to justify a bigger aircraft.

All-new jets don’t come along that often. Before the 787 debuted in 2011, Boeing’s last built-from-scratch model was the 777 in 1995. – Bloomberg through BP oil pipes and concert sets for U2 and Madonna, and under the new accord will also provide long-term logistics support for Boeing. – Bloomberg “We are faced with a complex investigation with many international implications,” he said in his first public comments since his office seized Fifa computer data last month.

“It would not be professional to communicate at this moment a detailed timetable. The world of football needs to be patient,” he said.

Also yesterday, Switzerland’s third- largest listed bank, Julius Baer, said that it had launched its own internal investigation in connection with Fifa.

The attorney-general was clear that Blatter and Valcke could be among those summoned for questioning: “There will be formal interviews of all relevant people. By definition, this does not exclude interviewing the president of Fifa and this does not exclude interviewing the secretarygeneral of Fifa.”

Lauber said his team had obtained evidence on 104

Swiss authorities have said that their criminal investigation specifically targeted the decisions to stage the 2018 and 2022 World Cups in Russia and Qatar. Both countries deny wrongdoing and say they are preparing to hold the tournaments on schedule.

Asked whether the Swiss investigation could derail Russia’s plans, Lauber said that decision was not his problem.

Lauber said his work was completely independent of the continuing US cases. While Switzerland had received and fulfilled a request for legal assistance from the US, it had not asked for any such help in return, he added. – Reuters