Boeing unveiled it’s newest airplane model since 1995 today, the Boeing 787 Dreamliner. 07-08-07 seemed to be the perfect day for such an announcement. The new plane is expected to make air travel much cheaper due to better lightweight construction. Approximately 210-250 passengers can travel on the 787-8 model, while the 787-9 will carry 250-290 according to Boeing.com. Another model, the 787-3 will hold 290-330 passengers.

Airbus, another airplane manufacturer at the forefront of air based transportation has officially congratulated Boeing on the success of their new launch. This shows that while the two are obviously competing within this niche market, they still have enough class to give credit when credit is due.

Boeing stock has continued to go up during this past week. It opened Monday at just under $97 and closed Friday at $98.88. It will be interesting to see what happens with it during this next week. Chances are it will stay pretty solid as the 787 Dreamliner continues to receive praise in the industry. As of right now Boeing has already received 677 orders for the new 787.

Source: Yahoo Finance