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[i]The Comet 4 enabled BOAC to inaugurate the first regular jet-powered transatlantic services on 4 October 1958 between London and New York (albeit still requiring a fuel stop at Gander International Airport, Newfoundland, on westward North Atlantic crossings). While BOAC gained publicity as the first to provide transatlantic jet service, by the end of the month rival Pan American World Airways was flying the Boeing 707 on the same route, and in 1960 the Douglas DC-8 as well. The American jets were larger, faster, longer-ranged, and more cost-effective than the Comet. After analysing route structures for the Comet, BOAC reluctantly cast about for a successor, and in 1956 entered into an agreement with Boeing to purchase the 707.[/i]
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