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Allen Schroeder

Visitors check out  first production model of the new Boeing 787 Dreamliner airplane at Boeing&rsquo;s  Everett, Wash., assembly plant last July.
 
 AP File Photo 
 

CHICAGO &mdash; Boeing Co. said Thursday it finalized a deal with British Airways, notching 790 orders for its long-awaited 787 Dreamliner plane during the last three years.
British Airways&rsquo; order for 24 Dreamliners gives the plane one of the industry&rsquo;s most successful launches ever&mdash; even though the airliner has yet to take flight.
The Chicago-based aerospace company expects to fly the first 787 around the end of the first quarter of 2008 and begin deliveries in late November or December. It expects to deliver 109 airplanes in 2009.
The 787, Boeing&rsquo;s first newly designed jet since airlines started flying the 777 in 1995, will be the world&rsquo;s first large commercial airplane made mostly of light, durable less-corrosive carbon-fiber composites. Boeing says its new plane will be cheaper to maintain and offer better fuel efficiency and more passenger comforts than planes flying today.
Analysts called the demand for the Boeing plane &ldquo;unprecedented.&rdquo;
&ldquo;This is a breakneck pace,&rdquo; said Morningstar analyst Brian Nelson. &ldquo;The fact that it continues to get orders and airlines continue to order this represents great confidence that Boeing can build this plane and deliver this plane.&rdquo;
British Airways placed options for another 18 and purchase rights for an additional 10 787s.
The British Airways deal is worth $4.4 billion at list prices, though carriers usually negotiate deep discounts on sizable orders.

Airlines Want Boeing’s New 787