Boeing Dreamliner Almost Ready For Takeoff

Boeing's 787 Dreamliner might finally make its first flight this month after two years of delays. The plans for the Dreamliner--a carbon composite aircraft that is lighter and more fuel-efficient--were first announced in 2005 and slated for takeoff in 2007. After four embarrassing delays due to production problems and a labor strike, Chief Executive James McNerney said last week that the aircraft would take flight in June.

The company plans to begin delivering planes in 2010. Boeing has a record number of predelivery orders: 56 customers and 866 Dreamliners, although it has seen as many cancellations as it has new orders. The new type of construction could revolutionize the commercial airline industry and make it less vulnerable to the volatility of ever-fluctuating gas prices.

Photo of Dreamliner from Boeing website