Business

November 18, 2013

Boeing 787 Dreamliner reaches 1,000th order with Etihad Airways

The Boeing 787 Dreamliner received its 1,000th customer order Nov. 17 when Etihad Airways announced an order for 30 787-10 Dreamliners, valued at $8.7 billion at list prices.

With this order, the Dreamliner family has reached this sales milestone faster than any other widebody airplane in aviation history.

Launched in April 2004, the 787 family received its 1000th order in approximately nine years, about eight years faster than the popular Boeing 777. Including today’s announcement, the 787 Dreamliner has accumulated 1,012 orders from 60 customers worldwide.

“Our ongoing investment in the 787 is well-founded and is apparent by the record time in which the Dreamliner family received its 1,000th order,” said Boeing Commercial Airplanes President and CEO Ray Conner. “We are truly grateful for the continued confidence that our customers have placed in the 787 and together, we are excited about growing the product line and expanding our presence with this family of airplanes.”

Etihad now has 71 787 Dreamliners on order and is the world’s largest airline customer for the airplane.

“This is a significant, timely and essential order for us, as we celebrate our tenth anniversary and plan for our next decade and beyond,” said Etihad Airways President and CEO James Hogan. “In just 10 years, we have grown from a start-up carrier to a global airline. This order enables us to build upon our achievements, using the next generation of aircraft to support our next generation of development.”

In addition to bringing big-jet ranges to midsize airplanes, the 787 family provides airlines with unmatched fuel efficiency, resulting in exceptional environmental performance. The airplane uses at least 20 percent less fuel with 20 percent fewer emissions than today’s similarly sized airplanes. Airlines also realize more cargo revenue capacity — a 20 to 45 percent advantage over similarly sized airplanes.

The first member of the family, the 787-8, entered service in September 2011, and the longer 787-9 is in testing and on track to deliver in mid-2014. To date, 102 787 Dreamliners have been delivered to 16 customers around the world.

The 787-10 will be the third and longest member of the family. With its greater passenger and cargo capacity and high degree of commonality, the 787-10 will set a new benchmark for fuel efficiency and operating economics. The 787-10 will be 25 percent more efficient than airplanes of its size today and more than 10 percent better than anything offered by the competition for the future. Final assembly and flight test of the 787-10 are set to begin in 2017, with first delivery targeted for 2018.




All of this week's top headlines to your email every Friday.


 
 

 

Northrop Grumman signs long-term agreement with Raytheon

Northrop Grumman has entered a long-term agreement with Raytheon to supply its LN-200 Inertial Measurement Unit for Raytheon optical targeting systems. The long-term agreement with Raytheon’s Space and Airborne Systems business extends through 2018. The LN-200 provides camera stabilization on optical targeting systems that conduct long-range surveillance and target acquisition for various...
 
 
AAR-Textron

AAR awarded new contract from Bell Helicopter Textron to support T64 engines

AAR announced April 22 that Bell Helicopter Textron Inc. awarded its Defense Systems & Logistics business unit a contract providing warehouse and logistics services in support of upgrading T64 engines for the Bell V-280 Val...
 
 

Pratt & Whitney’s engine wins Gold Edison Award™

Pratt & Whitney’s PurePower® Geared Turbofan™ engine has been awarded Gold in the transportation- aviation category of the 2015 Edison Awards. Pratt & Whitney is a division of United Technologies Corp. “Our dedication to innovation and identifying ways to continuously improve is in our blood at Pratt & Whitney,” said Greg Gernhardt, president, Pratt &...
 

 

Boeing names Space Launch System VP

Boeing has named John Shannon to be vice president and program manager for the Space Launch System, which will provide NASA with heavy-lift capability to send people and cargo into deep space. Boeing is designing, developing, testing and manufacturing the core stages and avionics for SLS. Shannon succeeds Virginia “Ginger” Barnes, who is retiring. He...
 
 

Germany’s Jenoptik, Raytheon partner to produce new generators for global Patriot

Raytheon is partnering with the Jenoptik subsidiary Lechmotoren, a part of the Jenoptik Defense & Civil Systems division, to produce advanced power generators for the Patriot Air and Missile Defense system. Under terms of this new contract, Jenoptik will build power plants, power generators, test equipment and spares for one of Patriot’s global partners. Raytheon...
 
 

Boeing tops first quarter profit forecasts, airplane deliveries rise

Boeing delivered more commercial airliners in the first quarter, offsetting sluggish results in the defense side of its business and pushing its first-quarter earnings up 38 percent. The profit topped Wall Street expectations, but revenue was below forecasts, and production costs of the Boeing 787 jet continued to pile up. The shares fell about 4...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>