Boeing's new 787 Dreamliner has been delayed for a third time—now it won't be delivered until the third quarter of 2009 due to parts shortages and manufacturing partners who've fallen behind schedule. The innovative, fuel-efficient plane was originally scheduled to be available next month, reports Bloomberg.
Boeing's 787 program manager says the company has "addressed the major challenges that slowed our progress.'' Analysts called the new timetable a conservative estimate. "It's certainly a credible schedule if nothing else goes wrong," says one. Boeing stock rose in response to the announcement, which was within expectations; profit forecasts were not affected by the delay.