SFGate: Boeing says it likely will have a 7E7 customer by May or June

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Tuesday, February 10, 2004 (AP)
Boeing says it likely will have a 7E7 customer by May or June
ELIZABETH SOUDER, Dow Jones Newswires


   (02-10) 15:36 PST (AP) --
   WASHINGTON (Dow Jones/AP) -- Boeing Co. will likely have a launch custom=
er
for its new 7E7 Dreamliner airplane by May or June and the customer
probably will be located outside the United States, the head of the
company's international operations said Tuesday.
   Boeing will begin selling the new fuel-efficient airplane at a time when
U.S. airlines are struggling and aren't ordering as many planes as foreign
airlines are.
   Observers expect an airline from Asia or the Middle East will be the fir=
st
customer.
   Robert Bauerlein, vice president of international operations for Boeing,
said the 7E7's sales will probably reflect the company's split in total
commercial aerospace sales. About 70 percent of commercial aerospace sales
go to companies based outside the United States.
   As for the defense side of Boeing's business, around 15 percent to 20
percent of sales are to international customers.
   Bauerlein said the company aimed to boost international sales by forming
partnerships with companies based in other countries. But caution on the
part of some U.S. officials hampers that process, he said.
   During a panel discussion at a conference held by the American Institute
of Aeronautics and Astronautics, Bauerlein said the process of gaining
government approval to transfer defense technology to international
partners is slow.
   Some Department of Defense officials are cautious about that technology
getting into the wrong hands, he said.

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Copyright 2004 AP

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