Boeing's board has sanctioned a proposal to offer the concept 7E7 aircraft for sale to the world's airlines. Final assembly will take place at the manufacturer's Everett site. "The board's decision validates the 7E7's compelling business case and the tremendous customer interest in this airplane," says Boeing's new president, Harry Stonecipher. Boeing sees demand for 2,000-3,000 aircraft in the 200- to 250- seat market over the next 20 years.

Source: Airline Business