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797, the new Boeing achievement is launched at the Les Bourget Air Show

Executives from the construction department at Boeing, claim that 797, will have a cost savings of around 45% compared to A330neo’s Airbus flight cost. 

In its great competitive relationship, the American construction company, with Airbus, decided to present in Bourget 19-25 / 06/2017 this new creation.

It will be a twin – engine narrow body and will enter the battle, for example, for flights from New York to Los Angeles.

Even its flying capability will be enough for medium-haul routes from the United States to smaller European cities and airports.

Its capacity will range from 220 to 270 seats, for flights up to 10 hours non- stop, and a distance of up to 5,200 nautical miles.

Has Boeing studied this type?

It seems like it has, because it estimates that it will have orders for more than 4,000 similar aircraft when this will begin to be delivered to airlines / customers in 2025.

The gap to be covered between the Boe-737 and the BOE-787 is well-appreciated.

With the new aircraft, the company will offer thousands of new jobs and co-operation with international suppliers to the US economy.

The first customers are about 60.

Among them the LCC Indian Spice-Jet.

Wings and spindle will be made of polycarbonate material, such as of the 787.

Mike Delaney, Vice President of the construction department at Boeing, claims that 797, will have a cost savings of around 45% compared to A330neo’s Airbus flight cost.

Here is a huge dilemma for Airbus retiring general manager of sales, John Leahy, who, with a tremendous acumen, has raised to one trillion dollars the turnover of European manufacturers, is now called upon to defend his title as a super seller against the Americans, to the ever-increasing deceleration of world-wide aircraft sales.

The bet for the 797 and the long-time duel of the 2 Mega Manufacturers will surely have a great deal of anxiety and many business phases.

My personal experience from the two-day event that I spent in this year’s Le Bourget, fills me with moderate hope for the future of Air Transport.



Managing Partner - Emmanuel A. Gyzis & Associates Law Offices | + Posts

Emmanuel A. Gyzis is managing partner of Emmanuel A. Gyzis & Associates Law Offices.

He was born in Athens, Greece, 13 January 1947; admitted to Athens Bar Association 1974. Education: University of Athens, Law School (1972), London, (L.LM. 1980), specialized in Aviation Law and originally worked in the respective field on behalf of British Tour Operators and Charter companies. 

With longstanding journalistic and writing activity, his articles have been published in financial newspapers and magazines specialized in Aviation and Tourism. Author of pioneering monographs on the development issues of Olympic Airways (1989), he has published during a course of many years, a series of articles regarding its viability, its position in the international environment, as well as for other private airlines in general, while at the same time he participated in relevant International and Greek Conferences and Organizations. Successful and long-term engagement with issues regarding private airports / heliports, Low Cost Carriers (LCC), Aircraft Fractional Ownership, Ground handling matters. At his law firm “EMM. GYZIS AND ASSOCIATES”, together with a group of specialized associates he deals mainly with aviation law issues (cooperation with construction companies for commercial aircraft and leasing companies) and tourism law issues, specializing in mass tourism from/ to Greece and occasionally cooperating with Tour Operators. Since 1993, he has founded a number of Greek and foreign airline companies, on behalf of his clients, in accordance with the applicable legal status. He has participated in committees for the drafting of legislation regarding air transport, such as private airports, the Presidential Decree for private heliports and the Basic Legislation of the Aviation Code and he is the General Secretary of the Hellenic Aviation Society. For many years, he has been studying emerging markets, as a consultant for foreign companies, which plan to invest worldwide.


MEMBER: Athens Bar Association, International Bar Association, European Society of International Law (ESIL), American Society of International Law (ASIL), British-Hellenic Chamber of Commerce, Greek-American Union, Hellenic Aviation Society.

PRACTICE AREAS: Aviation Law, Aerospace Law, Tourism and Transport Law, (European) Commercial and Company Law. Arbitration. Establishment and Operation of foreign companies in Greece. Project Finance. Free Movement of Capital. Privatization. Foreign/ Hotel Investments. Mergers and Acquisitions.