Boeing Rolls Out New 777 Freighter
Boeing Co. on Wednesday debuted its new 777 freighter, a twin-engine airplane that can carry 226,000 pounds of cargo.
South Africa allows killing of elephantsAlso Wednesday, Boeing announced it is laying off 750 employees in southern California, most of them engineers, because of a downturn in its satellite assembly and integration business.
The job cuts come as a result of the company's loss to rival Lockheed Martin a bid to head up a $3.5 billion program to build a GPS satellite to be used in the U.S. space program.
The company said the plane will be capable of flying 4,885 nautical miles with a full payload and general cargo market densities. The new freighter will become the world's longest-range twin-engine freighter.
To date, Boeing has 78 orders from 11 customers, accounting for more than 20 percent of the 777 program's backlog. Orders have been received from China Southern Airlines; Deucalion, which will lease to AeroLogic; Emirates; FedEx; GECAS; Guggenheim Aviation Partners; Korea Air; LAN Airlines; Oak Hill; and Qatar Airways.
The freighter will begin a flight test and certification program in June. The first delivery is scheduled to be made to Air France in the fourth quarter.
- 1 Lenovo: Cancel Liu Xiangs TV Ad Unrelated with His Withdrawal
- 2 Dollar Weakens as Fannie and Freddie Problems Will Not Go Away
- 3 Hurdler Liu Xiang done without a run in Olympics
- 4 Golden boy Michael Phelps eager for his own bed
- 5 Top 10 islands in the Mediterranean
- 6 China shares fall; Shanghai Composite down 5.3 pct
- 7 Chinese hurdlers pullout a blow to advertisers
- 1 HK typhoon alert No.1 issued
- 2 HSBC reports 1H fall in profit 29 percent
- 3 Bryant scores 19, helps US beat Russia in tuneup
- 4 Actor Morgan Freeman is injured in car accident
- 5 Jolie-Pitt baby twins photos online
- 6 Christina Applegate treated for breast cancer
- 7 Paris Hilton's mom takes offense at McCain's humor
|
- 1 Toyota mulls Japan price hike amid soaring costs
- 2 Large U.S. bank collapse ahead, says ex-IMF economist
- 3 GM offers employee discount to all on 2008 models
- 4 Hewlett-Packard 3Q profit jumps 14 pct
- 5 Fannie, Freddie fall on renewed bailout fears
- 6 GE's Immelt sees China business doubling by 2010
- 7 BHP Billiton reports record annual profit
|
|
