Nevertheless, Boeing abandoned both the upgraded 747 and any potential replacements, at least temporarily, when it announced plans to focus on a completely different market for its next major project. Instead of building a very large jetliner to carry 500 or more passengers, Boeing believed a more lucrative market existed in carrying about 250 passengers over very long ranges at higher speeds than is possible with conventional airliner designs. This philosophy was reflected in the Sonic Cruiser concept unveiled in early 2001. This aircraft would have been a competitor in the 767 and A310 class of airliners.
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