Asked by: Kasi Orlansky
business and finance aviation industry

Why is it called Boeing 707?

Last Updated: 23rd May, 2020

So the first commercial passenger airline in the serieswas assigned the number 707 (pronounced Seven Oh Seven). TheBoeing 707 is credited with launching the beginning the“Jet Age.” It was decided that all model numbers thateither began or ended in a “7” would be reserved forcommercial jets.

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Consequently, what was the significance of the Boeing 707?

Dominating passenger air transport in the 1960s andremaining common through the 1970s, the 707 is generallycredited with ushering in the Jet Age. It established Boeingas one of the largest manufacturers of passenger aircraft, and ledto the later series of airliners with "7x7"designations.

Beside above, are there any Boeing 707 still flying? The Boeing 707 was not only much faster thanpropeller aircraft, but it set standards for passenger comfort andaircraft design that, with some improvements, arestill at the basis of today's air travel experience. TheBoeing 707 was instrumental in popularizing airtravel.

Herein, how did Boeing get its name?

The Boeing Company was started in 1916 whenAmerican timber salesperson William E. Boeing founded AeroProducts Company. In 1917, the organization was renamedBoeing Airplane Company, with William Boeing formingBoeing Airplane & Transport Corporation in1928.

How much is a Boeing 707 worth?

Boeing 707
Primary users Trans World Airlines Continental Air Lines Pan Am BOAC
Produced 1958–1979
Number built 1,010
Unit cost US$4.3 million (1955 dollars) US$36.5 million (2012dollars)

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