The Boeing 747 is a long-range wide-body airliner designed and manufactured by Boeing Commercial Airplanes in the United States between 1968 and 2023. After the introduction of the 707 in October 1958, Pan Am wanted a jet 2+1/2 times its size, to reduce its seat cost by 30%. The Boeing 747SP (for Special Performance) is a shortened version of the Boeing 747 wide-body airliner, designed for a longer range. It is the highest flying subsonic passenger airliner, with a service ceiling of 45,100 feet (13,700 meters). Boeing needed a smaller aircraft to compete with the McDonnell Douglas DC-10 and Lockheed L-1011 TriStar tri-jet wide-bodies, introduced in 1971/1972. Pan Am requested a 747-100 derivative to fly between New York and the Middle East, a request also shared by Iran Air, and the first order came from Pan Am in 1973.