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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (19957)	12/30/2004 6:25:22 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

[Talk about being positive<g>]--"Boeing, still far from 7E7 sales goal, says it's not backing down" By ALLISON LINN AP BUSINESS WRITER SEATTLE -- There's not much of 2004 left, but officials at aerospace giant Boeing Co. said Thursday they weren't giving up on a goal of securing 200 orders for the planned new 7E7 jetliner by the end of the year. "We haven't backed off from that goal," spokeswoman Susan Bradley said Thursday from the company's Seattle offices, where its commercial airplanes operation is based. Boeing has announced agreements with airlines for 122 of the new widebody airplanes, but firm contracts are in place for just 56. The 122 agreements include a deal announced Wednesday with Houston-based Continental Airlines Inc. to buy 10 of the new planes. The 7E7 is scheduled to enter service in 2008, and Continental would get its planes in 2009. Analysts have said it won't be serious if Boeing doesn't make its self-set goal - as long as the orders start flowing in 2005. But the company's chief nemesis, European rival Airbus SAS, may have made things more difficult by recently announcing plans to offer its own new airplane, the A350, to compete directly with the 7E7. seattlepi.nwsource.com