Boeing Co (BA.N) has sketched out plans to develop an all-new aircraft, with new engines and likely a composite structure, to replace its 737 MAX jetliner by 2030, Chief Executive Officer Jim McNerney said on Wednesday. Chinese planemaker COMAC is developing the C919 jet to compete with the 737 and the Airbus (AIR.PA) A320. Boeing has nearly 100 years of aircraft experience and "we cannot give up that advantage because competing on costs alone would be difficult," he said. The Boeing 737 and competing Airbus A320, seating 150-160 people in standard layouts, are the world’s most popular jets and the backbone of short-haul fleets worldwide.
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