The Boeing 787 Dreamliner sits outside the Boeing assembly plant in Everett, Washington, Sunday, before its world premiere. - Reuters Shares of Boeing Company, the world's second-largest commercial airplane maker, rose $1.23 to US$100.11 in midday trading on reports that it received orders for its 787 Dreamliner.
The American aerospace company said Monday that Qatar Airways, the largest all-Airbus operator in the Middle East, will buy its new long-range 787 Dreamliner aircraft a day after its unveiling but didn't reveal the size of the order.
Boeing, on Sunday, raised the curtain on its first fully assembled 787 to an audience of thousands who packed into its widebody assembly plant for the plane's extravagantly orchestrated premiere.
"Our journey began some six years ago when we knew we were on the cusp of delivering valuable new technologies that would make an economic difference to our airline customers," Mike Bair, vice president and general manager of the 787 programme, said Sunday.
"In our business, that happens every 15 years or so, so you've got to get it right."
Dramatic improvement
Boeing Chief Executive Jim McNerney said the 787 will bring about a "dramatic improvement in air travel: to make it more affordable, comfortable and convenient for passengers, more efficient and pro-fitable for airlines, and more environmentally progressive for our Earth."
Boeing has won more than 600 orders from customers eager to hold the jet maker to its promise that the midsize, long-haul jet will burn less fuel, be cheaper to maintain and offer more passenger comforts than comparable planes flying today.
The 787, Boeing's first all-new jet since airlines started flying the 777 in 1995, will be the world's first large commercial airplane made mostly of carbon-fibre composites which are lighter, more durable and less prone to corrosion than aluminum.
To date, Boeing has won 677 orders for the 787, selling out delivery positions through 2015, two years after Airbus SAS expects to roll out its competing A350 XWB.
Thirty-five of those orders came Saturday, with Air Berlin ordering 25 and a Kuwaiti company taking 10 for Kuwait Airways.
Congratulations
In a rare tip of the hat to the competition, Airbus congratulated Boeing on the 787, whose commercial success has chipped away at the edge the European plane maker once held over its Chicago-based rival.
"Even if tomorrow Airbus will get back to the business of competing vigorously, today is Boeing's day — a day to celebrate the 787," Airbus co-CEO Louis Gallois said in a letter to McNerney.
"Today is a great day in aviation history. Whenever such a milestone is reached in our industry, it is always a reflection of hard work by dedicated people inspired by the wonder of flight," the letter said.
Final assembly of the first 787 started in late May, after a gigantic, specially outfitted superfreighter started flying wings, fuselage sections and other major parts to Boeing's widebody plant, where they essentially get snapped together, piece by huge piece.
Once production hits full speed, the company expects each plane to spend just three days in final assembly, but this time, Boeing workers spent several weeks installing electrical wiring and other innards that suppliers will eventually stuff into their sections of the plane before they're delivered to the assembly plant.
Boeing decided to handle that work in-house for the first few planes rather than risk any production delays.
The first test flight is expected to take place between late August and late September.
The plane is set to enter commercial service next May after Japan's All Nippon Airways receives the first of the 50 Dreamliners it has ordered.
The 787-8, the first of three 787 models Boeing has committed to making, has an average list price of $162 million, though customers typically negotiate discounts on bulk orders.
