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Mon, Jun 22, 2009 - Page 10 News List

Boeing’s Dreamliner readies for maiden flight

AFP , WASHINGTON

But it forecast the growing Asia Pacific region will lead the ­commercial airplane market in both units and value.

Japanese carriers buy almost exclusively from the US aerospace giant, which is keeping a close eye on arch rival Airbus.

The France-based manufacturer, a unit of the European Aeronautic Defence and Space Company, has begun working on a new long-range A350 plane aimed at competing with the Dreamliner, expected to fly in mid-2013.

Boeing’s financial losses have shaken investor confidence and the company has announced 10,000 job cuts for this year, including 4,500 in the commercial aircraft division.

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