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May 14, 2008 12:12:04 AM CDT

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Boeing 787s Scheduled to Land 2 Years Late  

Posted May 9, 08 7:02 PM CDT in Technology,  Business    Editor's Choice

(newser) – Boeing's new 787 Dreamliner is already 15 months late, but delivery delays will back up the fuel-efficient jets by about another year, the Seattle Post-Intelligencer reports. Lease Financial Corp., the main buyer of 787s, will take delivery of its 74 planes 27 months late, and observers expect Boeing to pay up to $4 billion in penalties to compensate irate buyers.

Air Canada is in a bind too: Its 37 Dreamliners will likely arrive 2 or more years behind schedule. The airline has kept its fleet young though, and CEO Montie Brewer worries for others who failed to prepare for rising gas prices: “Just imagine if we were like other carriers that haven't brought in a new efficient fleet to weather this storm," he said.

Source Seattle Post-Intelligencer

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Boeing 787s Scheduled to Land 2 Years Late
Boeing president and CEO Jim McNerney addresses a business conference Monday, May 5, 2008, in Seattle. Despite delays in the 787 Dreamliner, McNerney reaffirmed the company's international production...   (AP Photo/Elaine Thompson)
Boeing 787s Scheduled to Land 2 Years Late
A Southwest Airlines Boeing 737 departs Chicago's Midway Airport.   (AP Photo)
Boeing 787s Scheduled to Land 2 Years Late
The aft fuselage for a Boeing 787 Dreamliner. Production on the aircraft is off 15 months.   (AP Photo)
Boeing 787s Scheduled to Land 2 Years Late
Graphic shows Boeing Co. stock prices.   (AP Photo)
Boeing 787s Scheduled to Land 2 Years Late
The first production model of the new Boeing 787 Dreamliner airplane is unveiledin this July 8, 2007 file photo, at Boeing's assembly plant in Everett, Wash.   (AP Photo/Ted S. Warren, file)
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