Chief executive of Boeing’s commercial airplane unit, Stan Deal stated “It’s a proud day for us,”, “It made all of our employees proud one more time of who we are and what we get to do, by flying a brand new airplane that is going to change the world one more time.” “We are going to follow the normal processes we always follow and work with the FAA and they are going to work hand-in-hand with us,” stated Craig Bomben, Vice President of Flight Operations for Boeing Test & Evaluation and enterprise chief test pilot. “We took the time to get the airplane ready for flight test so I think we are going to march through flight tests successfully and quickly and get it certified to the FAA standards,” Craig added.To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Sign Up to receive FREE email updates here! jan3(1)
Boeing’s 777X Jetliner Debuts Successful First Flight
Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. As per reports, Boeing’s twin-engined jetliner 406-seater 777X plane took its first flight last month. The 777X, the world’s largest twin-engined jetliner, touched down at Boeing Field outside Seattle at 2 pm after a debut of almost four hours. Earlier attempts for the test were postponed due to bad weather. The 252-foot-long aircraft by Boeing is to be officially known as 777-9. The aircraft will be the first major aircraft to be certified since the software flaws resulted in two fatal 737 MAX crashes and which prompted accusations between Boeing and the Federal Aviation Administration and caused the grounding of the aircraft. The FAA is vigorously ensuring the 777X review is conducted religiously while its launch customer, Emirates, is demanding the plane to be put through serious investing to ensure safety. The 777X is expected to enter service in 2021 and will compete with the Airbus A350-1000 which seats about 360 passengers.
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