"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Thursday, April 26, 2007

Boeing Dreamliner starts to build

The first specially modified transport, a Boeing 747-400 named the Dreamlifter, delivered it's very first load to Everett on Tuesday with the delivery of the horizontal stabilizer made by Alenia Aeronautica ( a subsidiary of Finnmeccanica) at its facility in Foggia, Italy.

Scott Strode the 787 VP said on a bad phone line that "In the coming weeks we will receive other major assemblies for the first Dreamliner. he sent us this quick snap as it was unloaded.

Boeing claim the twin engined , two aisle 787 Dreamliner is the fastest-selling airplane in aviation history, with firm orders for 544 airplanes from 44 airlines. Air Canada (have added 23 to their original order) and Virgin have just signed up.

Boeing earned US$877 million, or US$1.13 per share, in Q1 '07 ended March 31, compared with US$692 million, or 88 cents per share, a year earlier.

Revenue climbed 8 percent to US$15.4 billion, Q1 '06 = US$14.3 billion.

The company said its order backlogincreased 23% to a new record — $262 billion

Meanwhile the delayed Airbust 380 is completing flying trials worldwide.

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