Boeing's 717: Ready To Take Off
NOT TO WORRY. BOEING PRESIDENT Harry Stonecipher has reassured aircraft leasing companies and airlines, which had been holding off orders for the 100-seat 717 passenger jet. They wanted to be sure that the company, which has had production problems with bigger planes, will actually build 717s, which have lower profit margins. On Apr. 21, Stonecipher announced plans to build up to ten 717s a month at a former McDonnell Douglas facility in Long Beach, Calif. So far, the jetmaker only has orders for 50 planes, but insiders say more announcements are imminent.