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
Boeing but the design experience was used in the development of the Model 314 that followed a year later. Overlapping with the period of the YB-15 development, an agreement with Pan American World Airways (Pan Am) was reached, to develop and build a commercial flying boat able to carry passengers on transoceanic routes. The first flight of the Boeing 314 Clipper was in June 1938. It was the largest civil aircraft of its time, with a capacity of 90 passengers on day flights, and of 40 passengers on night flights. One year later, the first regular passenger service from the U.S.