European airlines to buy 10 7E7s

  • By Evan Caldwell / Herald Writer
  • Tuesday, July 6, 2004 9:00pm
  • Business

Britain’s First Choice Mainstream Holidays and Italy’s Blue Panorama have agreed to buy a total of 10 Boeing 7E7 aircraft totaling about $1.25 billion, becoming the plane’s first European customers, Boeing officials said Wednesday.

“Its obviously good news for Everett,” said Mike Bair, a senior vice president with 7E7 program.

The planes will be assembled at Boeing’s Everett plant, and the new orders help solidify a program expected to create 800 to 1,200 assembly jobs.

British-based First Choice will buy six 7E7s and Rome-based charter airline Blue Panorama will buy four, Bair said.

“We believe that the 7E7 will take the comfort of flying to a new level,” said Dermot Blastland, managing director of First Choice.

Bair said he estimates Boeing will sell about 200 7E7s by the end of the year. Sixty-two have been sold already this year.

“If you look at our first four customers it is a great mix,” he said.

Japan’s All Nippon Airways bought 50 7E7s and Air New Zealand purchased two. The 7E7, due to start flying in 2008, has a list price of about $125 million.

Bair said the variety in customers stems from the versatility of the plane. The 217-passenger 7E7 Dreamliner is designed to fly both short and long distances.

“That’s one of the attractive features of the aircraft and was a factor in these companies decisions,” Bair said. “Hopping from somewhere in Europe to the Mediterranean to the Caribbean or nonstop service from Europe to Hawaii (is capable with the 7E7). We continue to see the broad flexibility of the aircraft bringing in a mix of customers and a broad base of interest.”

Other selling points of the 7E7 is that is uses 20 percent less fuel than similar aircraft and 10 percent less total operating cost, Bair said. The 7E7 is Boeing’s first all-new airliner in more than a decade.

“I think there is a good chance sometime this year we could get our first U.S. customer,” Bair said.

Boeing has sent out proposals to more than 30 airlines for the purchase of more than 600 planes. Some 24 of the proposals are being further explored, Bair said.

“The next step is to secure the deal,” he said, but would not speculate on when more sales will be announced. Bair said he doesn’t expect any announcements to be made at the upcoming airshow in Farnborough, England.

Both European carriers selected the 7E7-8 model, with a range of 9,750 miles or about 2,484 miles farther than similar-sized airplanes.

Reporter Evan Caldwell: 425-339-3475 or ecaldwell@heraldnet.com

Talk to us

> Give us your news tips.

> Send us a letter to the editor.

> More Herald contact information.

More in Business

Photo provided by 
Economic Alliance
Economic Alliance presented one of the Washington Rising Stem Awards to Katie Larios, a senior at Mountlake Terrace High School.
Mountlake Terrace High School senior wins state STEM award

Katie Larios was honored at an Economic Alliance gathering: “A champion for other young women of color in STEM.”

The Westwood Rainier is one of the seven ships in the Westwood line. The ships serve ports in the Pacific Northwest and Northeast Asia. (Photo provided by Swire Shipping)
Westwood Shipping Lines, an Everett mainstay, has new name

The four green-hulled Westwood vessels will keep their names, but the ships will display the Swire Shipping flag.

A Keyport ship docked at Lake Union in Seattle in June 2018. The ship spends most of the year in Alaska harvesting Golden King crab in the Bering Sea. During the summer it ties up for maintenance and repairs at Lake Union. (Keyport LLC)
In crabbers’ turbulent moment, Edmonds seafood processor ‘saved our season’

When a processing plant in Alaska closed, Edmonds-based business Keyport stepped up to solve a “no-win situation.”

Angela Harris, Executive Director of the Port of Edmonds, stands at the port’s marina on Wednesday, Jan. 24, 2024, in Edmonds, Washington. (Ryan Berry / The Herald)
Leadership, love for the Port of Edmonds got exec the job

Shoring up an aging seawall is the first order of business for Angela Harris, the first woman to lead the Edmonds port.

The Cascade Warbirds fly over Naval Station Everett. (Sue Misao / The Herald file)
Bothell High School senior awarded $2,500 to keep on flying

Cascade Warbirds scholarship helps students 16-21 continue flight training and earn a private pilot’s certificate.

Rachel Gardner, the owner of Musicology Co., a new music boutique record store on Thursday, Jan. 18, 2024 in Edmonds, Washington. Musicology Co. will open in February, selling used and new vinyl, CDs and other music-related merchandise. (Olivia Vanni / The Herald)
New Edmonds record shop intends to be a ‘destination for every musician’

Rachel Gardner opened Musicology Co. this month, filling a record store gap in Edmonds.

MyMyToyStore.com owner Tom Harrison at his brick and mortar storefront on Tuesday, Sept. 6, 2022 in Everett, Washington. (Olivia Vanni / The Herald)
Burst pipe permanently closes downtown Everett toy store

After a pipe flooded the store, MyMyToystore in downtown Everett closed. Owner Tom Harrison is already on to his next venture.

Melrose and Vine Collective owner Kara Langus in her vintage collection room at her store on Friday, Jan. 5, 2024 in Everett, Washington. (Olivia Vanni / The Herald)
New and vintage women’s boutique aims to dazzle in downtown Everett

Add some sparkle to your wardrobe: Melrose and Vine Collective opened inside a former bank building on Pacific Avenue.

Garry Clark, CEO of Economic Alliance Snohomish County. (Kevin Clark / Herald file)
CEO steps down at Economic Alliance Snohomish County

Garry Clark, who has led the nonprofit chamber of commerce for three years, is leaving to “seek new opportunities.”

Dan Bates / The Herald
When Seattle Genetics founder, Clay Siegall lost his father while in college, he switched from studying for an MD to studying for a PhD., and a goal to treat cancer patients.  His efforts are paying off in lives.
Ex-Seagen CEO to return to Bothell to lead newly relocated biotech firm

Clay Siegall, who resigned from Seagen over allegations of domestic abuse, is now CEO of cancer therapy developer Immunome.

Molbak’s Garden Cafe in Woodinville, Washington. Photographed in 2016. (Andrea Brown / The Herald)
‘Shocked and heartbroken’: Woodinville garden store Molbak’s to close

After 67 years, Molbak’s Home + Garden, a mainstay just across the county line, will cease operations early next year.

Good Cheer’s two thrift stores are great places to find Christmas decorations and other knick-knacks. (File photo by David Welton)
A guide to gift buying on Whidbey Island

Consider these unique gift idea suggestions from the South Whidbey Record and the Whidbey News-Times

Support local journalism

If you value local news, make a gift now to support the trusted journalism you get in The Daily Herald. Donations processed in this system are not tax deductible.