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Boeing Launches Bigger 787 with $30B in Orders

After weeks of growing expectations regarding a new stretched-out version of the 787 Dreamliner, Boeing (NYSE:BA) officially launched the 787-10 program on Tuesday and announced United Continental (NYSE:UAL) as the jet's North American launch customer.With orders raking in at this week's Paris Air Show, the third and largest member of the 787 family has now received commitments for 102 airplanes worth roughly $30 billion at list price from five customers across Europe, Asia and the U.S.United, the only U.S. carrier operating any of Boeing's 787s, ordered 20 787-10s on Tuesday, with the first deliveries slated to arrive in 2018. In total, the Chicago-based airline has ordered 65 aircraft from the next-generation 787 family, six of which have been delivered."Advanced technology aircraft like the 787-10 are key to United's future, enabling us to fly fuel-efficient, customer-pleasing aircraft that are the right size for many long-haul markets in our unparalleled network," United CEO Jeff S...

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  1. Boeing Jets in Demand at Paris Air Show

    Boeing (NYSE:BA) was met with robust demand for its fleet of jumbo jets on Monday as airlines lined up to place or confirm orders on the first day of the Paris Air S...

  2. Boeing's Bigger 787 to be Revealed Next Week

    Boeing (NYSE:BA) is reportedly set to launch a new stretched-out version of its 787 Dreamliner as soon as next week to meet quickly-emerging demand for fuel-efficien...

  3. No Turbulence Expected for Delta, Virgin Deal

    Delta Air Lines is expected to secure unconditional European regulatory approval to buy a 49% stake in Virgin Atlantic, allowing it to compete better with rivals in ...

  4. Turbulence makes huge mess of airline meal

    Passengers and crew members injured

  5. Terrifying turbulence: 'The plane just dropped'

    Passenger talks chaos aboard Singapore Airlines flight

  6. Is Boeing Back on Top? Jet Maker Secures $6B 737 Order

    Boeing (NYSE:BA) seems to be getting in mojo back, distancing itself from a series of headaches from earlier this year as it ramps up 787 deliveries, explores a prog...

  7. HAMP Program Extended Through 2015

    FBN’s Dennis Kneale on plans to extend the HAMP mortgage-modification program through 2015.

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