Opinion: Globalization helps Boeing's 747 fly high

12/25/2006 | NYTimes.com

The expansion of global trade has stimulated demand for Boeing's 747 jumbo jet, The New York Times editorial board writes. Many new orders for the plane are for air freighters, instead of passenger jets. "While sweat socks and cheap plastic toys take the slow boat, high-end goods like computer chips and expensive perishables like seafood go by air," the board writes. "Hence the demand for 747s, and Boeing's and America's good fortune."

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