MIT Designs Aircraft That Uses 70% Less Fuel Than Conventional Planes
greenrainbow writes "Today a team of researchers at MIT unveiled their design for an airplane that uses 70% less fuel than conventional aircraft. The MIT design comes thanks to a NASA-funded initiative to increase fuel efficiency, lower emissions, and allow planes to take off on shorter runways. The team accomplished all of NASA's set goals with their innovative D-series plane, lovingly referred to as the 'double bubble,' which has thinner, longer wings and a smaller tail, and engine placement at the rear of the plane instead of on the wings."
While I'm sure you can devise a design which, as part of greater fuel economy, flies slower (turboprops might be just that...) - it won't really work for existing aircraft, like mentioned by you 737s. Airlines take care to fly them at optimal speed, not the greatest speed; optimal for fuel economy.
For example Rynair (which cares greatly about lowering costs...), some time ago, changed the guidalines for cruising speed by...2 or 3 km/h. Accidentally in this case it was lowering it, but might have been just as well an increase; what works best for given airplane / engines / routes / weight combo (didn't stop local journalists from proclaiming "Ryanair will fly slower to save fuel", which was technically correct, but....)
One that hath name thou can not otter