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Boeing : Debuts 787-10 Dreamliner; Airplane scheduled to fly in the coming weeks, deliver to customers in 2018

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02/20/2017 | 10:52am CET

Release date- 17022017 - NORTH CHARLESTON, S.C. - The Boeing (NYSE: BA) 787-10 Dreamliner, the third member of the 787 Dreamliner family, made its debut today at Boeing South Carolina. Thousands of employees at the North Charleston, S.C. site celebrated the event, along with U.S. President Donald Trump and South Carolina Governor Henry McMaster.

'What's happening here at Boeing South Carolina is a true American success story,' said Dennis Muilenburg, Boeing chairman, president and CEO. 'In just a few short years, our team has transformed a greenfield site into a modern aerospace production facility that is delivering 787s to airlines all over the world and supporting thousands of U.S. jobs in the process.'

The 787-10, built exclusively at Boeing South Carolina, will now be prepared for its first flight in the coming weeks.

'This airplane, the most efficient in its class, is the result of years of hard work and dedication from our Boeing teammates, suppliers and community partners in South Carolina and across the globe,' said Kevin McAllister, Boeing Commercial Airplanes president and CEO. 'We know our customers, including launch customer Singapore Airlines, are going to love what the 787-10 will do for their fleets, and we can't wait to see them fly it.'

Boeing will deliver the 787-10 to airlines in 2018. The airplane has won 149 orders from nine customers across the globe.

The 787-10, the longest model of the Dreamliner family, will grow the nonstop routes opened by the 787-8 and 787-9 with unprecedented efficiency. As an 18-foot (5.5-m) stretch of the 787-9, the 787-10 will deliver the 787 family's preferred passenger experience and long range with up to 10 percent better fuel use and emissions than the competition. The 787 Dreamliner family is a key part of Boeing's twin-aisle strategy, which offers a modern, optimized and efficient airplane family in every market segment. Since entering service in 2011, the 787 family has flown more than 140 million people on 530 routes around the world, saving an estimated 13 billion pounds of fuel.

Contacts:

Elizabeth Silva

787 Communications

elizabeth.a.silva@boeing.com

425-212-8595

Tim Deaton

Boeing South Carolina Communications

timothy.r.deaton@boeing.com

843-469-9397

(c) 2017 Electronic News Publishing -, source ENP Newswire

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Financials ($)
Sales 2017 92 154 M
EBIT 2017 9 110 M
Net income 2017 6 174 M
Debt 2017 647 M
Yield 2017 3,20%
P/E ratio 2017 17,19
P/E ratio 2018 15,76
EV / Sales 2017 1,15x
EV / Sales 2018 1,04x
Capitalization 105 781 M
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Number of Analysts 26
Average target price 174 $
Spread / Average Target 0,57%
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NameTitle
Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Gregory D. Smith Chief Financial Officer & Executive Vice President
Ted Colbert Chief Information Officer
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
Kenneth M. Duberstein Lead Independent Director
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