Orders 10 Boeing 7E7s, Accelerates Leases for Next-Generation
737s, Adds 757s to Fleet
Boeing and Continental Airlines have just announced major steps
in support of the airline's growth, including its plans to purchase
ten 7E7 Dreamliner airplanes. The companies signed an agreement
calling for delivery of the 7E7-8s beginning in 2009. The 7E7 order
is valued at approximately US$1.3 billion at list prices. Boeing
and Continental expect to formally complete the agreement early in
2005.
An AP story making the rounds suggests that the FBI is
investigating a possible laster attack on a commercial airliner.
Details are scant, but the report asserts that an airliner
traveling some 15 miles away from the Cleveland-Hopkins Airport was
struck by a high-intensity laser at 8500 feet.
By John Alan Cohan, Esq.
Clearly, the aviation industry industry is important to the
economy of the United States. There are many issues that have come
into sharp focus for the aviation industry since the September 11
terrorist attacks, including effects of the free market, increased
insurance costs, terrorism, change in customer habits, expenses led
by new security measures, rising fuel costs, and emerging markets
such as ownership of fractional interests in private aircraft.
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