7E7 a fit for AA and CO future

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http://biz.yahoo.com/rc/040616/airlines_jet_1.html

=20

DALLAS, June 16 (Reuters) - Top executives at American Airlines and
Continental Airlines said on Wednesday that although they have no plans
for now to order Boeing Co.'s new 7E7 jetliner, the fuel-efficient plane
may fit into their future plans.

Boeing (NYSE:BA <http://finance.yahoo.com/q?s=3Dba>  - News
<http://finance.yahoo.com/q/h?s=3Dba> ) has not landed any orders among
U.S. carriers for its next generation jet that it bills as offering high
fuel efficiency and lower operating costs than current passenger jets.
All Nippon Airways Co. Ltd. (Tokyo:9202.T - News
<http://finance.yahoo.com/q/h?s=3D9202.t> ) of Japan and Air New Zealand
Ltd. (NZSE:AIRVA.NZ <http://finance.yahoo.com/q?s=3Dairva.nz>  - News
<http://finance.yahoo.com/q/h?s=3Dairva.nz> ) have placed orders for the
7E7.=20

Continental Airlines (NYSE:CAL <http://finance.yahoo.com/q?s=3Dcal>  -
News <http://finance.yahoo.com/q/h?s=3Dcal> ) President Larry Kellner =
said
on Wednesday he applauded Boeing's efforts to refocus its plane
development process on what customers wanted, and away from the earlier
proposed Sonic Cruiser.=20

Kellner said at an analysts conference in New York, monitored by
Webcast, that the airline did not have any immediate plans to order to
any 7E7s.=20

"We have a very straightforward fleet strategy...at some point if we
order the 7E7, obviously that would bring another type in, but as you
look at our international focus that's probably a plane that makes sense
for us long-term," he added.=20

Gerard Arpey, the head of the American's parent AMR Corp. (NYSE:AMR
<http://finance.yahoo.com/q?s=3Damr>  - News
<http://finance.yahoo.com/q/h?s=3Damr> ), said at the same conference =
that
his cash-strapped airline has no immediate plans to purchase the 7E7,
but the world's largest airline is studying a possible order of some
planes in the coming years.=20

He said that down the road, the 7E7 may fit into American's future
plans.=20

Boeing officials have said they expect to receive orders from U.S.
carriers for the 7E7. (With additional reporting by Chris Stetkiewicz in
Seattle and Kathy Fieweger in Chicago))=20

=20

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