Boeing Delivers 787 Dreamliner

    EVERETT, WA - SEPTEMEBER 25: Boeing employees work on a Boeing 787 Dreamliner for United Airlines September 25, 2011 in Everett, Washington. Boeing delivered its long-awaited and delayed first 787 airliner to All Nippon Airways which it will celebrate before ANA flies the airliner to Japan September 27, 2011. (Photo by Stephen Brashear/Getty Images)

    Stephen Brashear / Getty Images

    It’s a bird, it’s a plane … it’s a new Boeing! The company delivered the first 787 Dreamliner on Sunday. The plane is made of lightweight plastic composites and is designed to use 20 percent less fuel than older planes. Delivered three years behind schedule, the 787’s cost is estimated to have ballooned to $32 billion; new planes typically cost roughly $15 billion. The first plane was delivered to All Nippon Airways. The company’s senior vice president, Satoru Fujiki, said, “I can’t say the delayed delivery didn’t have any impact, but ANA and Boeing worked closely to mitigate it.” The plane will head to Japan on Tuesday and is due to enter service on Oct. 26.

    Read it at Reuters