Boeing 747: 25 New Jets on Order for $525 Million 1966 Universal Newsreel

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more at http://travel.quickfound.net/ "NEW 490-SEAT JETS $525 Million for 25 Ships Sets Precedent" Pan American World Airways buys 25 Boeing 747s for $525 million. Boeing 747 models and mockup are shown. First 747 is to be delivered to Pan-Am in 1969. From Universal Newsreel V39 R31 1966-04-14 Public domain film from the US National Archives, slightly cropped to remove uneven edges, with the aspect ratio corrected, and mild video noise reduction applied. The soundtrack was also processed with volume normalization, noise reduction, clipping reduction, and/or equalization (the resulting sound, though not perfect, is far less noisy than the original). http://creativecommons.org/licenses/by-sa/3.0/ http://en.wikipedia.org/wiki/Boeing_747 The Boeing 747 is a wide-body commercial airliner and cargo transport aircraft, often referred to by its original nickname, Jumbo Jet, or Queen of the Skies. It is among the world's most recognizable aircraft and was the first wide-body produced. Manufactured by Boeing's Commercial Airplane unit in the United States, the original version of the 747 was two and a half times larger in capacity than the Boeing 707, one of the common large commercial aircraft of the 1960s. First flown commercially in 1970, the 747 held the passenger capacity record for 37 years. The four-engine 747 uses a double deck configuration for part of its length. It is available in passenger, freighter and other versions. Boeing designed the 747's hump-like upper deck to serve as a first class lounge or (as is the general rule today) extra seating, and to allow the aircraft to be easily converted to a cargo carrier by removing seats and installing a front cargo door. Boeing did so because the company expected supersonic airliners (development of which was announced in the early 1960s) to render the 747 and other subsonic airliners obsolete, while the demand for subsonic cargo aircraft would be robust well into the future. The 747 was expected to become obsolete after 400 were sold, but it exceeded critics' expectations with production passing the 1,000 mark in 1993. By April 2014, 1,487 aircraft had been built, with 51 of the 747-8 variants remaining on order. The 747-400, the most common passenger version in service, is among the fastest airliners in service with a high-subsonic cruise speed of Mach 0.85--0.855 (up to 570 mph or 920 km/h). It has an intercontinental range of 7,260 nautical miles (8,350 mi or 13,450 km). The 747-400 passenger version can accommodate 416 passengers in a typical three-class layout, 524 passengers in a typical two-class layout, or 660 passengers in a high density one-class configuration. The newest version of the aircraft, the 747-8, is in production and received certification in 2011. Deliveries of the 747-8F freighter version to launch customer Cargolux began in October 2011; deliveries of the 747-8I passenger version to Lufthansa began in May 2012. The 747 is to be replaced by the Boeing Y3 (part of the Boeing Yellowstone Project) in the future... The 747 was conceived while air travel was increasing in the 1960s. The era of commercial jet transportation, led by the enormous popularity of the Boeing 707 and Douglas DC-8, had revolutionized long-distance travel. Even before it lost the CX-HLS contract, Boeing was pressed by Juan Trippe, president of Pan American World Airways (Pan Am), one of their most important airline customers, to build a passenger aircraft more than twice the size of the 707. During this time, airport congestion, worsened by increasing numbers of passengers carried on relatively small aircraft, became a problem that Trippe thought could be addressed by a large new aircraft. In 1965, Joe Sutter was transferred from Boeing's 737 development team to manage the design studies for a new airliner, already assigned the model number 747. Sutter initiated a design study with Pan Am and other airlines, to better understand their requirements... In April 1966, Pan Am ordered 25 747-100 aircraft for US$525 million. During the ceremonial 747 contract-signing banquet in Seattle on Boeing's 50th Anniversary, Juan Trippe predicted that the 747 would be "... a great weapon for peace, competing with intercontinental missiles for mankind's destiny", according to Malcolm T. Stamper, who led the 747 program. As launch customer, and because of its early involvement before placing a formal order, Pan Am was able to influence the design and development of the 747 to an extent unmatched by a single airline before or since...