Boeing Delays Launch of 7E7 Jetliner
Boeing Co. plans to begin selling its new 7E7 jetliner to airlines months later than previously stated.
Sales will start in mid- to late 2004, a spokesman said. In February, Boeing said it expected to launch the program in early 2004.
For the record:
12:00 a.m. April 5, 2003 For The Record
Los Angeles Times Saturday April 05, 2003 Home Edition Main News Part A Page 2 National Desk 1 inches; 46 words Type of Material: Correction
Boeing plane -- A Bloomberg News article in Wednesday’s Business section about Boeing Co.’s new 7E7 jetliner incorrectly reported that the company’s plans to sell the plane were running months later than originally expected. In fact, Boeing said the program for the jet remained on schedule.
Boeing has shopped the plane to 40 airlines and still expects deliveries to begin in 2008. Boeing decided to design the 7E7 after scrapping plans last year to build a plane that would travel at almost the speed of sound.
Shares of Chicago-based Boeing rose 61 cents to $25.67 on the NYSE.
