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Emerald Group Publishing Limited
Copyright © 2000, MCB UP Limited
Keywords Boeing, General Electric
Fuelled by strong market interest and customer commitments, The Boeing Company (NYSE: BA) and General Electric (NYSE: GE) recently launched two new longer-range models of the 777 commercial airline. The announcement was made in a joint news conference by Boeing chairman and CEO Phil Condit and General Electric chairman and CEO Jack Welch. The announcement followed a decision by the Boeing board of directors to authorise full production go-ahead of the newest members of the 777 airplane family.
This announcement moves the longer-range Boeing 777-200 and -300 aeroplanes into production, with first deliveries beginning in September 2003. Both aeroplanes will be powered by higher-thrust derivatives of the GE90 engine, which has accumulated more than 1 million flight hours since entering service in November 1995.