Monday, January 29, 2007

Owning a 787

For airlines interested in the Boeing 787, the first major obstacle is cost. The most basic model, the 787-3 is listed at between $138-143 million US dollars. The more capable 787-8 is listed at US $148-158 million. Lastly, the long-range 787-9 is listed at $179-188 million in US currency. The 787 will hold nearly 33,258 gallons of fuel when fully loaded for long haul trips. Airlines must determine if the demand will cover their costs. However, an advantage to owning the 787 is that it is interchangeable between General Electric and Rolls Royce Engines. The engine market alone for the 787 is estimated to top $40 billion. Airlines have been pleased to know that the 787 is a two-pilot crew with easier training than previous models. This will also help to keep operating costs low. One of the unknown benefits of owning a 787 is that the cabin is made of components that are immune to corrosion. This will allow the 787 to be kept at a higher humidity and further increase passenger comfort. The overall improved comfort of passengers in both coach and business class will make flying on the 787 a pleasure. This will clearly help to offset some of the costs of ownership.

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