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    | Apr-03-2007 Boeing passes 500 orders for 787(topic overview)CONTENTS:
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Boeing has sold more than 500 of its new fuel-efficient 787 passenger jets and is looking for ways to speed production rates, the company said Tuesday. "We've clearly captivated the world's airlines with this airplane," 787 program chief Mike Bair told hundreds of Boeing workers gathered for the announcement. [1] The Boeing 787 Dreamliner program has tallied more than 500 orders three months ahead of its rollout, a pace of orders unprecedented in any previous jet program. Standing this morning in the atrium of the main building at Everett, surrounded by 3,000 to 4,000 787 employees, Boeing's Mike Bair made the announcement with a vice president from Japan Airlines.[2] LONDON - The Boeing Company announced a new order from Japan Airlines Corp for five 787 Dreamliners, taking Boeings total orders for the plane to over 500. Boeing said the JAL order for five planes, in addition to several orders from unidentified customers, brings the 787s order total to 514 airplanes from 43 customers since its launch in April 2004, making it the fastest-selling commercial airplane in history.[3]  Bair also said Boeing is studying ways to increase production rates for the 787. He said a likely production speedup would only occur after the first 112 airplanes are produced in 2008-09. Bair would not disclose how many airplanes per month the Chicago-based company plans to produce at its Washington state plants once the assembly process hits its stride. The 787 is scheduled to make its first flight in late August, and enter commercial service in 2008. [4] Inside the airplane, it has cleaner air, bigger windows, more stowage space and improved lighting. Commenting on completing the 500 order mark, Mike Bair, 787 vice president and general manager, said: "Surpassing the 500 order mark this early in the program - more than a year before the first airplane is delivered - shows that Boeing made the right choice in our point-to-point business strategy, and that the 787 team made the right choices in designing the airplane."[5] Boeing Co. has now collected 514 orders for the 787, which is designed to burn 20 percent less fuel than comparable airplanes by using more lightweight composites.[4] Boeing Co. has now collected 514 orders for the 787, from more than 40 customers. Some larger U.S. carriers have not yet placed firm orders, but Bair said he expects more domestic airlines to make purchase decisions in the next year.[6] The Dreamliner program reached a milestone, with Boeing announcing that it has won more than 500 firm orders for the plane.[7] If the 787 program is to surpass the order record held by the next generation 737, however, Boeing must land another 224 firm orders before the first 787 is delivered to All Nippon Airways. Otherwise, after May 2008, Boeing will no longer be able to say that the 787 is the "fastest selling" jetliner ever.[7] Several unnamed customers have now been added to the total, taking the order tally to 514. Only two of those customers are U.S. airlines - Continental and Northwest. Most domestic carriers, wallowing in years of red ink in the wake of 9/11, are unable to put down money on the new fuel efficient jets and will have to wait a long time just to get them. [8] Boeing doesn't necessarily need a big order from another U.S. airline to make the 787 a success, aviation analyst Scott Hamilton with Leeham Co. LLC said. ''They don't need it, but of course they want it,'' he said.[6] Inside the airplane, passengers will find cleaner air, bigger windows, more stowage space and improved lighting. The Boeing 787 Dreamliner will lead the industry into the next generation of flight using the latest in ground-breaking technology to provide airlines with a family of airplanes that allows them to take their passengers where they want to go, when they want to go.[9] The 787 planes use 20% less fuel per passenger than similarly-sized airplanes and has lower emissions and quieter takeoffs and landings.[5] "The real number I focus in on is 43 customers. It's 43 customers around the world. It's a real broad validation that this is an airplane that almost every airline in the world is going to find use for," said Bair.[8] The fastest pace of orders on any previous program was for the 737 Next-Generation, which had 473 orders before rollout. The 737 is a single-aisle jet, which typically sells in much greater numbers than the bigger wide-bodies such as the 787. [2] Boeing has said the program remains on schedule to meet that key delivery date. It could be difficult for the 787 order pace to continue for another year.[7] A little more than half of the plane's structure is made up of carbon-fiber composites, a first for Boeing. Another first for Boeing is the amount of work on major structures being handled by other companies around the world, which then ship the pieces to U.S. factories.[8] REFERENCES 1. Boeing passes 500 orders for 787 2. Business & Technology | Boeing's 787 orders top 500 | Seattle Times Newspaper 3. Latest News | News | Hemscott 4. Boeing Passes 500 Orders for 787 | Chron.com - Houston Chronicle 5. Daytrading, Eminis, Forex trading, Swing Trading BREAKING NEWS - 526042 6. Boeing passes 500 orders for new 787, looks to speed production - Breaking News - The Olympian - Olympia, Washington 7. Aerospace Notebook: Dreamliner is fastest selling jetliner 8. Boeing 787 orders now top 500 | Top Stories | KING5.com | News for Seattle, Washington 9. Boeing's 787 Dreamliner Surpasses 500 Customer Orders in Under Three Years |
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