Japan’s All Nippon Airways (ANA) on Sunday signed a delivery contract for receipt of Boeing’s first 787 Dreamliner, more than three years later than initially planned.
A ceremony marking completion of the deal was scheduled for yesterday in Everett, Washington, where Boeing has its assembly facility. That comes ahead of the jet’s being flown to Tokyo for the first time today, according to aviation giant Boeing’s statement.
ANA is the launch airline for the troubled 787 program and has 55 of the aircraft on order.
Photo: AFP
Boeing had originally promised to roll out the aircraft in 2008, but a string of technical mishaps and delays have slowed testing programs for the jets. The highly anticipated 787 Dreamliner is made out of lighter materials that help increase its fuel efficiency, while it boasts larger windows and more humid cabin air than conventional jets.
Boeing says this will allow -passengers to arrive at their destinations more refreshed.
Shinichiro Ito, president and CEO of ANA Group, said last month the Dreamliner “will play an important role in our international expansion strategy as we seek to become Asia’s No. 1 airline.”
The mid-sized plane is key to Boeing’s future.
It is the maker’s first new design in more than a decade, drawing on huge advances in aviation technology, and can fly long-haul routes using up to 20 percent less fuel.
Boeing, the world’s second--biggest aircraft-maker after Airbus, launched the Dreamliner program in April 2004 and initially had planned to deliver the first plane to ANA in the first half of 2008. However, the aircraft, which can seat up to 330 passengers, only made its maiden flight in December 2009.
The series of delays in the 787 program has cost Boeing billions of US dollars as some airlines canceled their orders.
Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador. He credits Salvadoran President Nayib Bukele’s decision to bank on bitcoin three years ago with changing his life. “Before I was unemployed... And now I have my own business,” said the 39-year-old businessman, who uses an app to charge for rides in bitcoin and now runs his own car rental company. Three years ago the leader of the Central American nation took a huge gamble when he put bitcoin
Demand for artificial intelligence (AI) chips should spur growth for the semiconductor industry over the next few years, the CEO of a major supplier to Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) said, dismissing concerns that investors had misjudged the pace and extent of spending on AI. While the global chip market has grown about 8 percent annually over the past 20 years, AI semiconductors should grow at a much higher rate going forward, Scientech Corp (辛耘) chief executive officer Hsu Ming-chi (許明琪) told Bloomberg Television. “This booming of the AI industry has just begun,” Hsu said. “For the most prominent
PARTNERSHIPS: TSMC said it has been working with multiple memorychip makers for more than two years to provide a full spectrum of solutions to address AI demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it has been collaborating with multiple memorychip makers in high-bandwidth memory (HBM) used in artificial intelligence (AI) applications for more than two years, refuting South Korean media report's about an unprecedented partnership with Samsung Electronics Co. As Samsung is competing with TSMC for a bigger foundry business, any cooperation between the two technology heavyweights would catch the eyes of investors and experts in the semiconductor industry. “We have been working with memory partners, including Micron, Samsung Memory and SK Hynix, on HBM solutions for more than two years, aiming to advance 3D integrated circuit
NATURAL PARTNERS: Taiwan and Japan have complementary dominant supply chain positions, are geographically and culturally close, and have similar work ethics Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and other related companies would add ¥11.2 trillion (US$78.31 billion) to Japan’s chipmaking hot spot Kumamoto Prefecture over the next decade, a local bank’s analysis said. Kyushu Financial Group, a lender based in Kumamoto’s capital, almost doubled its projection for the economic impact that the chip sector would bring to the region compared to its estimate a year earlier, a presentation on Thursday said. The bank said that 171 firms had made new investments since November 2021, up from 90 in an earlier analysis. TSMC’s Kumamoto location was once a sleepy farming area, but has undergone