Boeing 377 in 1950 and the first order for the 707 in 1955, Boeing was shut out of the commercial aircraft market. In the mid-1950s technology had advanced significantly, which gave Boeing the opportunity to develop and manufacture new products. One of the first was the guided short-range missile used to intercept enemy aircraft. By that time the Cold War had become a fact of life, and Boeing used its short-range missile technology to develop and build an intercontinental missile. In 1958, Boeing began delivery of its 707, the United States' first commercial jet airliner, in response to the British De
El Al El Al's success continued into the late 1960s. In 1968, regular flights to Bucharest were inaugurated, and cargo flights began to Europe and the United States. The airline also established a catering subsidiary, Teshet Tourism and Aviation Services Ltd. All these ventures brought in a profit of $2 million that year. In 1968, El Al experienced the first of many acts of terrorism that have been perpetrated against the airline. On 23 July, the only successful hijacking of an El Al aircraft took place, when a Boeing 707 carrying 10 crew and 38 passengers was taken over by three members