Boeing celebrates 100-years of manufacturing aircraft

Boeing is marking a century of making planes in Seattle and New Zealand played an early role in Boeing's takeoff to become the world's biggest aerospace company - New Zealand became Boeing's first overseas customer when it purchased two float planes for New Zealand flying school in 1918.
The two aircraft "Bluebill," and "Mallard" had been sold for US$3000 (the equivalent of US$68,000 today) and US$1500 was paid for the engine. Today Boeing's latest airliner, the 787 Dreamliner, has a list price of up to $250 million.
This has been reported in nzherald.co.nz dated 14 July 2016.

Manufacturers of airplanes continue to defy global economic uncertainty by booking huge orders and Boeing has forecast that nearly US$6 trillion worth of aircraft will be needed in the next 20 years. In the latest Farnborough International Airshow, Boeing has released its annual current market outlook.
In the opinion of vice president of marketing, Boeing Commercial Airplanes, the aviation sector will continue to see long-term growth with the commercial fleet doubling in size. He expects to see passenger traffic grow 4.8 per cent a year over the next two decades.
The market for single-aisle planes is shared by Boeing and Airbus' A320 family would be especially strong. The growth would be driven by low-cost carriers and the corresponding emerging markets. He has predicted that there would be a requirement for more than 28,140 new aircraft in this segment.


Image courtesy wikimediacommons.org

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