Money Matters - Simplified

Boeing 787 Dreamliner Makes Makers Proud

Boeing 787-8 Dreamliner took the much anticipated flight in Seattle earlier this month.

A midsized wide body aircraft developed by Boeing Commercial Airplanes, Boeing can seat approximately 330 passengers. Boeing 787 model is said to be the most fuel-efficient commercial aircraft of the world till date.

The airlines made history when 840 of its aircrafts were ordered by 54 customers around the world, making it the fastest-selling new commercial jetliner.

The Dreamliner has already completed a 240 km/hr runway test over the weekend. Its fuselage, built with carbon-fiber reinforced plastic, makes the aircraft highly efficient and reliable.

Boeing 787-8 has been made at a cost of $166 million and is expected to compete with Airbus A350.

Boeing will be developing another version called the 787-10, after 787-9 (expected in 2013) which would have a seating capacity of 310.

Mike Bair, Vice President of Boeing marketing, said, “It's not a matter of if, but when we are going to do it ... The 787-10 will be a stretched version of the 787-9 and sacrifice some range to add extra seat and cargo capacity.”

The successful launch of 787 Dreamliner has made not only Boeing ecstatic, but also its suppliers who devotedly provided the required technical support.

Indian companies HCL and Tata Consultancy Services were one of the core partners of Boeing 787 program.

India, which has ordered 27 of Boeing planes, has had a big hand in the completion of the airplane and expects its first Dreamliner to be delivered in the second quarter of 2011.

Dinesh Keskar, president, Boeing India, said, “The technologically-advanced 787 will use 20% less fuel than today's airplanes of comparable size, provide airlines with up to 45% more cargo revenue capacity and present passengers with innovations that include a new interior environment with cleaner air, larger windows etc.”