Boeing launches 7E7 with order from ANA - 50 planes.

[American Renaissance]

SEATTLE, April 26, 2004 - The Boeing Company's board of directors has approved the formal launch of the new 7E7 Dreamliner passenger jet based on today's firm order for 50 7E7s from ANA (All Nippon Airways) and the overall strong business case for the new airplane. The ANA order is the largest launch order in history for a new Boeing commercial jet.

The deal for 50 7E7 airplanes is worth approximately US$6 billion at list prices. ANA is scheduled to begin taking deliveries of the 7E7 in 2008.

"Airline interest in the 7E7 has been extraordinary. The size and speed of this order validates our view of the market and demonstrates the tremendous demand for the performance and value provided by the 7E7," said Alan Mulally, president and CEO of Boeing Commercial Airplanes.

"ANA is one of the most respected airlines in the world and has been at the forefront of aviation as a launch customer for the successful 767 and 777 programs. It is an honor for us to have ANA as the launch customer for the 7E7. We are excited to continue working together on the airplane that will set the standard for every one that follows it," Mulally said.

As the launch customer, ANA - the largest Boeing 767 operator outside the United States - will be an integral partner in developing the 7E7 family of airplanes. The Boeing 7E7 Dreamliner is being designed with airlines, passengers, investors and the environment in mind. The technologically advanced airplane will use 20 percent less fuel than today's airplanes of comparable size, provide customers with up to 60 percent more cargo revenue capacity, and present passengers with innovations including a new interior environment with higher humidity, wider seats and aisles, larger windows, and other conveniences.

"One of ANA's commitments is to offer dreams and experiences to people around the world," said Yoji Ohashi, president and CEO - ANA. "By being the launch customer for the 7E7 Dreamliner, ANA will have a direct influence on what passengers throughout the world will experience when they fly in this new airplane, and we will be the first airline to bring back the joy of flying to the 21st century," he said.

Boeing has been in discussions with more than 50 airlines about the design of the 7E7. In December 2003, Boeing President and CEO Harry Stonecipher announced the decision by company's board of directors to begin offering the airplane for sale to the world's airlines.

"The 7E7 is a true game-changer for the industry and the traveling public," said Stonecipher. "Our Commercial Airplanes team has done a magnificent job bringing it to market. Launch of the 7E7 clearly demonstrates our commitment to innovation and leadership in commercial aviation."

Boeing also said today that it has extended firm offers for the 7E7 to more than a dozen airlines around the world. "We expect additional orders in the coming weeks and months," said Mulally.

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I'm still skeptical, Boeing is doing this on the cheap. Everything that could be outsourced has been. The MD-11 was the last attempt at building a plane on the cheap, and it was basically a disaster. And those same asshats from McDonnell Douglas are running Boeing today.

[tedzbear]

1. Not surprising since Japan will be a subcontractor on the plane.

Japan has been gearing up for years to get into the commercial aviation business big time. Boeing has agreed to subcontract to various Japan heavy manufacturers in order to get plane deals just like this.

Today Japan is a Boeing subcontractor, tomorrow it will build its own planes (and ours as well).

[American Renaissance]

2. gov't

The Japanese government will also have a hand in it, they come up with some pretty insane financing packages as part of a trade deficit mitigation policy.

That is also why the Japanese have never built their own airplanes, the Japanese government has a policy of supporting US airplane makers, because they contribute so much to the trade balance.

When a Japanese airline bought Airbus A300's there was a near shitstorm.

[Racenut20]

3. The Description of this plane sounds like the old 1011.

[PfcHammer]

4. ...which ended Lockheed's involvement in the commercial a/c industry

[sazdem]

5. This Aircraft

....is nothing like the old L-1011. The only similariity is they both have wings and engines. The 7E7 is a totally new aircraft with state of the art design and systems.
It is not a large aircraft and will be constructed primarily out of carbon composite. The aircraft will be lighter which will save fuel.

[Chief]

10. Lockheed L-1011

The Lockheed L-1011 was regarded as one of the best and safest planes of its generation. A far better design than the DC-10.

[icymist]

6. Here's a link:

http://www.nwcn.com/topstories/stories/NW_042604BUNboeing_7E7_launchorderJM.161d1a43f.html

Did I ever mention that I LOVE airplanes? My Dad, when I was very young and living in NYC, worked for US AIR. (now defunct) I remember trips of when I was growing up, of being inside a cockpit of old planes whose belly's dived in turbulence (early 60's) and then crawled back up to level flight. I've been hooked ever since...problem is...I'm a girl.

[mike1963]

8. Being a girl doesn't disqualify from loving or flying planes! I've taught

about 180 people to fly over the years and the very best student I ever had was a person of the female persuasion (back in the late 60s) She became one of the first lady airline captains. :D I think it was around then we began to stop using "cockpit"...:evilgrin:

[Moderator]

7. Ashamed_American

Per DU copyright rules
please post only four
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Thank you.

DU Moderator

[American Renaissance]

9. It's a press release!

It isn't a published media article,