Notes on a Zig Zag Paper: Super celeb, Victoria Silverstedt, (photo) was so thrilled when she saw the new Boeing 777 that she tore out the side of her dress in her excitement. The Boeing series of sales is super news for all of us. It validates the company strategy, which was based on solid data and consumer polling, that indicated the public did not want to fly in planes with six to eight hundred of their closest friends; did not want to spend an hour boarding and another hour deplaning; and most of all did not want to spend another two hours searching for bags. The tipping point for all the sales was almost certainly the huge fuel costs savings over the EU's subsidized A-380. Boeing:

The 747-8 is a "stretched" version of our popular jumbo jet. The 747-8 Intercontinental will carry 450 passengers in three classes, compared to 416 in the 747-400. The new passenger version will be 3.6 meters (11.7 feet) longer than the 747-400, with slightly longer range. It's going to be 16% more fuel efficient than the 747-400 and 14% more fuel efficient than the A380.

One of the great things about the 747-8 Intercontinental is that with its improved fuel consumption and other efficiencies it will have the lowest seat-mile cost of any passenger airplane.

Next is the huge orders for their brand new twin engine 777 (10,000 mile range---extra fuel tanks in the fucking tail) another fuel efficient plane that has already set the world record for distance traveled without refueling. So while the EU almost gives their planes away, the reality of high fuel prices has made Boeing a winner. Buy the stock? The Boeing story has been in the market for more than a year, the stock has doubled (below). I told you about it in January, HERE.

and it was a buying op.