I'm Skeptical of Boeing's New Jet Plan. Here's Why.

Boeing (NYSE: BA) is ramping up planning for a new jet that would bridge the yawning gap between its 737 MAX and 787 Dreamliner models, after scrapping an earlier midsize aircraft concept last year. Engine maker Rolls-Royce recently confirmed that it is talking to Boeing about providing engines for a potential new aircraft project. On the one hand, it's heartening to see that Boeing is ready to buckle down and invest in all-new jet designs, after its attempt to update the 737 quickly and cheaply (in the form of the 737 MAX) backfired spectacularly.