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The story says that the Boeing Company is developing a radical new passenger jetliner that will carry 1,000 passengers. It's designated the 797 and is a "blended wing" design looking a lot like the old flying wing experiments of the 50's.
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What is true, according to Boeing, is that Boeing Phantom Works, the company's advanced research and development organization, is doing research on the blended wing body design as a potential military aircraft. Boeing has built a scale model to test its low-speed flying characteristics in a wind tunnel. There are also plans (as of 7/13/07) to flight test a scale model.
~http://en.wikipedia.org/wiki/797
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