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Bloomberg.com: Exclusive | Boeing's `7-Late-7' Dreamliner Takes as Long as Pioneering 707

Boeing Co.'s latest delay means the 787 Dreamliner will take almost as long to develop as the planemaker's original model that ushered the U.S. into the Jet Age more than a half-century ago.

The schedule Boeing announced yesterday would start 787 shipments to airlines in 2010, almost six years after the first order. That's about two years more than the average for other Boeing planes and rivals the six years and two months spent on the 707 in the 1950s. That aircraft, which started out as the Dash 80, was the forerunner of the more than 16,000 commercial jets the company has built since.

Punsters have had their way with the 787 Dreamliner amid the four delays since October 2007: It's the "7-Late-7" and the "Lateliner" in reports by Rob Stallard, an analyst in New York with Macquarie Research Equities. Newspapers including London's Daily Telegraph quipped about the Dreamliner turning into a nightmare. Chicago-based Boeing has lost 60 percent of its market value since the first delay.

Airbus Takes Lead in Race With Boeing Over Orders - WSJ.com

PARIS -- European commercial-aircraft builder Airbus on Monday said it delivered 46 aircraft and booked firm orders for 84 more in November -- making it the clear winner in terms of order intake, compared with U.S. rival Boeing Co., so far this year as airlines retrench because of diminishing traffic.

In the first 11 months of 2008, Airbus delivered 437 planes. Its order tally came to 878, but because of 122 cancellations -- including 65 aircraft ordered by U.S. carrier Skybus Airlines Inc. -- the net order intake was 756 planes.

Boeing booked 640 net orders over the year through Dec. 2, according to its Web site. The Chicago-based company recorded six cancellations during the period.

by nanne (zwaerdenmaecker@gmail.com) on Fri Dec 12th, 2008 at 06:45:01 AM EST
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