The Boeing 787.....delayed again

Boeing Says 787 Dreamliner First Flight Delayed; Shares Fall
By Gopal Ratnam and Susanna Ray


June 23 (Bloomberg) -- Boeing Co.’s 787 Dreamliner, already two years behind schedule, will be delayed beyond its June 30 target and a new schedule won’t be available for several weeks, the company said today. Boeing shares fell.

“The 787 Dreamliner will be postponed due to a need to reinforce an area within the side-of-body section of the aircraft,” Chicago-based Boeing said in a statement.

The first flight would have been the start of a months-long process of testing and certification to meet a goal of entering service in the first quarter of 2010. The company had said a week ago at the Paris Air Show that the plane would fly before the end of June.

“Consideration was given to a temporary solution that would allow us to fly as scheduled, but we ultimately concluded that the right thing was to develop, design, test and incorporate a permanent modification to the localized area requiring reinforcement,” Scott Carson, the top executive of Boeing’s commercial-planes unit, said in the statement. ..........(more)

The complete piece is at: http://www.bloomberg.com/apps/news?pid=20601087&sid=a3RERFcb7weI

The 787 is more fuel efficent per passenger per mile so there is a market for it.

Airlines can save costs by replacing their oldest planes with 787s. Boeing just needs to get it out the door.

Some of their other aircraft had similar delays and went on to sell tens of thousands of planes.

vendors.

I'm glad Boeing is choking on this one.