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    | Apr-04-2007 Dreamliner is fastest selling jetliner(topic overview)CONTENTS:
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Boosted by a new order from Japan Airlines, Boeing said it has collected 514 orders for the 787, which is designed to burn 20 percent less fuel than comparable airplanes by using more lightweight materials. "We've clearly captivated the world's airlines with this airplane," 787 program chief Mike Bair told Boeing workers gathered for the announcement. The 787 is to make its first flight in late August and enter commercial service in 2008. [1] "The 787 will be a key airplane on a variety of domestic and international routes," said Kunio Shimizu, a vice president at Japan Airlines Corp., who was present at the announcement in Everett. Over the past few days, Boeing has racked up additional orders for the 787 from unidentified customers, bringing its total to 514 orders from 43 buyers.[2] Officials at Boeing Co., the world's second largest commercial airplane maker, announced that the company has won a $788 million contract to deliver five of its 787 Dreamliner jets to Japan Airlines Corp., Bloomberg reported.[3] Boeing Co. plans to debut 787 Dreamliner model on July 8 in 2007 at its assembly plant in Everett, WA as stated by Boeing Co. on Wednesday. It has 391 orders, adding up to nearly $75 billion, from 39 airlines since the plane's April 2004 launch announcement, the company said.[4] JAL's total 787 order has grown to 35 airplanes. With the help of several orders from unidentified customers, the new JAL order brings the 787 order total to 514 airplanes since its April, 2004, launch. Those numbers continue to make it the fastest-selling commercial airplane in history. Bair declined to say how many Dreamliners the Chicago-based aerospace giant plans to produce per month at its Everett factory once the assembly process hits its stride in 2010.[5] According to Boeing officials, the deal will boost JAL's total 787 order to 35. Boeing, which plans to put the 787 in service by mid-2008, is sold out for the next six years with a backlog of about $70 billion, making the Dreamliner its most successful new aircraft.[3] Fresh orders from a number of customers including Japanese airline JAL took the total Dreamliner order book so far to 514, Boeing said. The plane, which has become one of the fastest-selling airliners, is set for its maiden test flight in August. The jet boasts greater fuel efficiency as one of its key selling points.[6] Among Boeing's wide-body planes, the pace of 787 orders is running at nearly four times that of the next most successful early seller, the 747 jumbo jet that rolled out in September 1968. Some 3,000 to 4,000 employees working on the 787 program, mostly engineers, crowded the stairs and balconies above and below Bair as he spoke to the gallery. They whooped enthusiastically as Bair proclaimed the Dreamliner's success before television cameras.[7] Bair also said opening up a second line here to increase production is unlikely. "We don't think we need an extra line," he said. As Boeing hits 787 milestones, such as the plane's rollout on July 8, the company will begin shifting staff to its 747-8 program rather than making significant staff cuts, Bair said. Boeing's 787 orders stretch out into the latter half of the decade, with the plane essentially sold out through 2012.[2] 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.[8] Boeing says the 787 provides passengers with a better flying experience and airlines with a more efficient commercial jetliner. It uses 20 per cent less fuel per passenger than similarly sized airplanes and it has several environment-friendly features like lower emissions and quieter takeoffs and landings. The plane is set for its maiden test flight in August.[9] Boeing 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. 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.[10] 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.[11] "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," said Mike Bair, 787 vice president and general manager for Chicago-based Boeing.[12] An order from Japan Airlines Corp. pushed the Dreamliner program over the 500 mark late last week, Bair said. In a deal worth up to $787 million at list prices, Japan Airlines added five more 787-8s to its previous request for 30 Dreamliners.[2] Boeing's stock jumped 1.2 percent Tuesday, closing the day at $89.90. Boeing considers the Dreamliner its fastest-selling plane - a measure it calculates by considering how long the 787 took to reach its 500th order since winning its first on April 26, 2004. By that standard, the 787 hit the mark in just less than 3 years, slightly quicker than the 737 Next Generation did in 1996.[2] Boeing eventually intends to replace the 767 with the Dreamliner, which falls in the same category as the A330. Boeing sold about 112 of its 767s in the plane's first three years. In the 29 years since its launch, the 767 has won just over 1,000 orders. With half of the 767's lifetime orders in its first three years, the 787 clearly has its predecessor beat.[2] Boeing employees applaud as the company announces the sale of its 500th 787 in Everett Tuesday morning. 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.[13] The 787's claim to fame could be disputed if you consider the total amount of time customers had to order the aircraft. Boeing's board gave the OK for the company to start taking Dreamliner orders on Dec. 16, 2003 - 39 months before the 787 won its 500th order.[2] Boeing's 737 Next Generation grabbed 500 orders 36 months after the company began taking orders - just slightly faster than the 787. In terms of how quickly new jets have sold, the real comparison lies between the 787, the 767 and Airbus' A330, Hamilton said, noting they are all aircraft of comparable size.[2] Without a single jet yet built, Boeing's new 787 program has already reached an aviation milestone: the fastest commercial model to reach 500 orders.[5] If the 787 program is to surpass the order record held by the next-generation 737, however, Boeing must land an additional 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.[14] 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.[14] The order book for the 787 has surpassed 500 aircraft since the launch of the programme in April 2004. "This is an unprecedented achievement for Boeing and yet another wonderful milestone for the 787 programme.[15]  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. [16] EVERETT, WASH. - Boeing has sold so many of its new fuel-efficient 787 passenger jets that it's looking for ways to speed production.[1] Information from suppliers, confirmed by internal documents obtained by The Seattle Times, indicates Boeing envisages reaching a rate of seven jets per month in the year and a half after first delivery in 2008, then bumping up the production rate in 2010 to 10 per month an unprecedented production rate for wide-bodies.[7] The 787 is piling up orders nearly 30% faster than that plane, a notable feat in an industry where single-aisle jets have always outsold widebodies. The production challenge is compounded by a global supply chain that relies on partner suppliers to design and build big chunks of the airplane, such as the wings and fuselage sections. This process also ventures into unknown territory, and so far it has been a journey fraught with many close calls.[5] Several unidentified customers have now been added to the total, taking the order tally to 514. The actual sale that pushed the 787 past 500 was an order for five 787-8 jets from Japan Airlines International Corp., adding to its previous order for 30 jets.[11] 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.[17] 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.[11] Subcontractors around the world also are handling an increased workload to help build the plane, shipping major structures to the U.S. for assembly. Bair would not disclose how many airplanes per month Boeing plans to produce at its Washington state plants once the assembly process hits its stride. Officials have previously said they eventually hope to assemble each 787 in three days.[11] Boeing has also been under pressure to continue reducing the airplane's overall weight. According to Bair, the plane is about 2% overweight but he called the issue manageable and says he is confident the plane will meet its weight targets.[5] The 787 planes use 20% less fuel per passenger than similarly-sized airplanes and has lower emissions and quieter takeoffs and landings. [18] The 787 is designed to burn 20 percent less fuel than comparable airplanes by using more lightweight carbon-fiber composites.[11] The planemaker is counting on the Dreamliner to win back dominance of the $60-billion-a-year airliner market from Airbus. Boeing will unveil the 250- to 300-seat long-range model of the 787 at its Everett, Washington, plant on July. The 787 will use light-weight carbon fiber composites in more than half its construction. [3] 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] We are very gratified that the 787 will play a key role in the future plans of JAL and so many other industry-leading airline customers," said Scott Carson, Boeings Commercial president and chief executive officer. [15] Forty-three separate airlines have made orders for the 787, which is now the fastest selling commercial airplane in history.[19] "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.[17] Japan Airlines' vice-president of engineering & quality assurance, Kunio Shimizu added: "The 787 will be a key airplane on a variety of international and domestic routes, We are expecting the benefits of the 787 to provide efficiency and flexibility in our route planning."[15] Boeing's 514 orders for the 787 have been collected from more than 40 customers around the world. [20] Most customers who want to expand an existing 787 order or enter a new order will have to wait nearly five years before getting additional aircraft.[21] Overall, I am very pleased with the progress we are currently making. This progress is evident in the production line, the results from flight testing, and the enthusiasm of Eclipse employees. It is because of you, our customers, that we continue to press on to deliver the best jet that General Aviation has ever dreamed of, much less delivered. [22] 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.[13] The 787 has even eclipsed the order pace of the next-generation 737, which had 476 firm orders by the time the first plane was rolled from the Renton plant Dec. 8, 1996.[14] REFERENCES 1. newsobserver.com | New Boeing jetliner sales take off 2. HeraldNet: 787 soars past sales milestone 3. MENAFN - Middle East North Africa . Financial Network News: JAL orders five Boeing 787 Dreamliner jets for $788m 4. E-Composites, Inc. for Market Reports, News and Business Solutions 5. Sky-High Expectations for Boeing 6. BBC NEWS | Business | Boeing tops 500 Dreamliner orders 7. Business & Technology | Boeing's Dreamliner is fastest-selling new jet | Seattle Times Newspaper 8. Boeing passes 500 orders for 787 9. Boeing has orders for 514 Dreamliner aircraft 10. Tulsa World 11. The Daily News Online 12. Boeing says it now has 514 orders for 787s - Puget Sound Business Journal (Seattle): 13. Business & Technology | Boeing's 787 orders top 500 | Seattle Times Newspaper 14. Aerospace Notebook: Boeing 787 sets record -- it's fastest-selling airliner 15. Air Cargo News :: Latest Air Cargo News 16. Boeing's 787 Dreamliner Surpasses 500 Customer Orders in Under Three Years 17. Boeing 787 orders now top 500 | Top Stories | KING5.com | News for Seattle, Washington 18. Daytrading, Eminis, Forex trading, Swing Trading BREAKING NEWS - 526042 19. Boeing takes 500th Dreamliner order 20. domain-B - Aviation and Aerospace - News reports - Orders for Boeing's 787 Dreamliner cross 500 21. 787 sales climb past 500 | TheNewsTribune.com | Tacoma, WA 22. Aero-News Network: The Aviation and Aerospace World's Daily/Real-Time News and Information Service |
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- Apr-04-2007
Boeing's Dreamliner is fastest-selling new jet
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American Airlines wants 47 Boeing 737s four years sooner
FORTH WORTH, Texas — American Airlines said Wednesday it plans to accelerate the delivery of 47 Boeing 737-800 aircraft, as it replaces some of its aging MD-80 fleet. SEATTLE American Airlines wants 47 Boeing 737s four years earlier than its original request, a move that industry experts said could signal a wave of orders for new passenger jets. More... - Mar-29-2007
American speeds up 737 order
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American Airlines speeds up its fleet renewal plans
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Boeing reaches deals for 28 jets
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Boeing collects more 787 orders, sells freighters in Russia
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UPDATE 2-Continental, others buy Boeing jets worth $4.5 bln
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