Big 787 orders come flying in

Virgin Atlantic and Air Canada delivered double victories to Boeing on Tuesday, choosing the company's 787 Dreamliner over the competing Airbus A350 model.

Meanwhile, Boeing said it was partnering with London-based Virgin Atlantic to develop a biofuel for commercial jets as part of an effort to reduce carbon emissions.

Virgin Atlantic's 15-plane order is worth $2.8 billion at list prices and about $1.8 billion with standard discounts as estimated by aircraft-valuation firm Avitas. It is the largest European order to date for the jet, due to enter service in 2008.

Read Full Article from Seattle Times

- Posted: 2007-04-25 09:48:44

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