Boeing's (BA) lucrative 777 needs a makeover but the company is at odds over how extensive it...

|About: The Boeing Company (BA)|By:, SA News Editor

Boeing's (BA) lucrative 777 needs a makeover but the company is at odds over how extensive it should be. Under one plan, the new 777X would have had carbon-fiber composite wings and have been 21% more fuel-efficient, and it would have been larger than the 747. However, Boeing is fearful about growing expenses, and while Emirates Airline likes the plan, it's too costly for Air Lease Corp (AL).