Singapore Air signs 777 order

The Boeing Co. and Singapore Airlines have completed an order for 18 Boeing 777-300ER airplanes, an order that ties the record for the largest order of that version of the wide-body jetliner. The order, first reported in August and valued at $4.1 billion based on list prices, also makes Singapore Airlines the world’s largest customer of the 777. With room for 365 passengers, the 777-300ER can fly more than 8,800 miles nonstop.

Bridgestone wins 7E7 tire contract

Bridgestone, the Japanese tire maker, will supply tires for the 7E7 Dreamliner, the Boeing Co. said Thursday. The 7E7’s radial tires will feature a new belt structure based on a high-elasticity, high-strength cord that is weight-efficient and wear-resistant. Each plane will require 10 tires on its landing gear, according to Boeing. Bridgestone tires are also used on the 737, 747, 767 and 777 airplanes.

Vodafone teams with Connexion

Connexion by Boeing and Vodafone will jointly test an in-flight wireless Internet service for airline passengers this month. Following successful completion of trials and Vodafone entering into a full agreement with Connexion by Boeing, Vodafone customers will be able to access the Internet and have sessions billed to their accounts. Vodafone said it will make the in-flight Wi-Fi service available first on Lufthansa flights in and out of Europe.

Nastech stock sale raises $57 million

Nastech Pharmaceutical Co.’s recent public offering of stock, which was completed Thursday, raised more than $57 million for the company before underwriting costs. The 4.25 million shares were priced at $13.50 a share, while the stock closed Thursday at $12.89, down more than a dollar. Based in Bothell, Nastech is developing nasally inhaled drugs, including a possible obesity treatment.

Nintendo boosts game shipments

Nintendo Co. said it will increase by 40 percent the number of Nintendo DS hand-held game systems shipped to the United States by year’s end, citing strong demand. The Japanese game company said late Wednesday that it now expects to have 1.4 million Nintendo DS game systems to U.S. retailers by the end of the year, up from a previous goal of 1 million. Nintendo has already sold more than 700,000 Nintendo DS systems since its U.S. debut on Nov. 21, and the company said some retailers are reporting shortages. The Nintendo DS is the latest in Nintendo’s wallet-sized game systems designed to let people play video games on the go.

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(Peoples Bank)
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Dan Bates / The Herald
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Photo Taken: 102312
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