blogs  
 
yournews
   
 
Video Photos Finance Travel Weather Discussion TV Shows
| |
 
  Home ›
 
Business News

 

Boeing on track to launch first 787 Dreamliner flight by end-2009
By Timothy Ouyang, Channel NewsAsia | Posted: 20 November 2009 2133 hrs

  The Boeing 787 Dreamliner was unveiled in Everett, Washington in 2007.
 
Photos  of

   
 


SINGAPORE: US aircraft-maker Boeing said it is on track to launch the first flight of its long-delayed 787 Dreamliner by the end of this year.

Randy J Tinseth, vice president, Marketing (Commercial Planes), Boeing, said: "We continue to target the first flight of the airplane by the end of the year. We're on track to do that.

"We have a great deal of work that's yet to be done. Once that first airplane flies, we go into about an eight or nine month flight test programme."

According to some reports, the first flight is expected around December 22. The 787 Dreamliner is now more than two years behind schedule.

It has gone through six delays and has cost Boeing some US$2.5 billion in the last quarter alone due to development costs associated with the programme. But Boeing said it continues to see strong demand for the Dreamliners.

Mr Tinseth said: "The demand for that airplane ... going up because passengers really want more frequent non-stop service when you fly. We have clearly disappointed our customers by being late. We've disappointed ourselves.

"We lost a bit of our credibility in the market place. So, we have to start delivering on our promises to gain back their credibility. But the fact remains that this is an airplane that has a wonderful value proposition to our customers.

"We actually launched the airplane in 2004 when the price of oil was US$38 a barrel. Today, it's close to US$80. So, the value proposition today is even stronger than it was when we launched it."

Japan's All Nippon Airways was initially scheduled to receive the first 787 Dreamliner in May 2008.

Boeing now expects the first aircraft to be delivered in late 2010. Altogether, there are now 840 orders for the 787 Dreamliner.

Other airlines that have placed orders for the aircraft include Singapore Airlines, Air India, China Eastern Airlines, Japan Airlines, Etihad and Qatar Airways. - CNA/vm

 


Other business News
Eurozone sets conditions for Greek bailout
Banks agree US$25b deal for US homeowners
China releases Jan trade data
Flights back to normal Friday after strike: Air France
M'sia trade expected to grow at slower pace
US stocks gain on Greece, bank mortgage deal
Euro edges up as Greece inks reform deal
Oil prices rise on Greek deal
Eurozone stalls Greek cash aid pending new conditions
China says January exports expected to have dropped
Greece says agreement reached on austerity measures: ECB
ECB holds key interest rate steady at 1.0%
OPEC cuts 2012 oil demand forecast
China's January inflation hits 3-month high
Spain's economy to worsen in Q1
Indonesia cuts interest rate to record low
Malaysia sees record trade in 2011
Rio Tinto earnings down 59% on aluminium write-down
Asia stocks mixed on Greek fears, China inflation
China's Alibaba raising US$3b for Yahoo! stake

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions