Skip to: Content
Skip to: Site Navigation
Skip to: Search

December 3, 2008 2:55:20 AM CST

Learn about Newser Points »

« Back to the grid | Next story »

Boeing 787s Scheduled to Land 2 Years Late

Posted May 9, 08 7:02 PM CDT in Technology,  Business 

(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

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • Strike Grounds Dreamliner to '09

    Nov 5, 08 6:16 AM CST
    Strike Grounds Dreamliner to '09 The maiden flight of Boeing's 787 Dreamliner has been delayed for the fifth time, reports the AP. The company says the 8-week strike by its workers means the next-generation passenger jet now won't take off until an unspecified date next year. Canceled orders are unlikely despite the delay, says an industry observer, as there is "really no alternative" until the competing Airbus A350 arrives in 2013. More »

  • Boeing Reaches Deal With Striking Union

    Oct 28, 08 3:44 AM CDT
    Boeing Reaches Deal With Striking Union Boeing's 27,000 striking machinists could be back to work within days if they approve a deal hammered out with the help of a federal mediator late last night, the Seattle Post-Intelligencer reports. The deal will give machinists a 15% pay increase over four years and limit the amount of work outside companies can perform in Boeing plants. Job security has been the central issue for strikers. More »

  • Boeing Machinists Vote to Strike; Postpone 48 Hours

    Sep 4, 08 7:49 AM CDT
    Boeing Machinists Vote to Strike; Postpone 48 Hours Boeing's largest union voted overwhelmingly to strike last night, but agreed to extend the current contract 48 hours for a last-ditch effort at the bargaining table to avert a walkout.
    Federal mediators urged the delay, after 87% of the company's machinists voted to reject Boeing's offer for a new 3-year contract, reports the Wall Street Journal.
    More »

  • Airbus, Boeing Hindered by Wait for Seats, Toilets

    Aug 8, 08 10:29 AM CDT
    Airbus, Boeing Hindered by Wait for Seats, Toilets Production delays are plaguing Airbus and Boeing as the airplane manufacturers wait for simple supplies such as seats, toilets, and gallies for their new widebody jets, the Wall Street Journal reports. Small firms charged with making such supplies have been slowed as demand has soared. The interrupted production means higher manufacturing costs for both jet makers and long waits for payments from airlines.
    More »

  • Boeing Says Dreamliner On Track, Despite Glitches

    Jul 15, 08 6:56 PM CDT
    Boeing Says Dreamliner On Track, Despite Glitches The inaugural flight of Boeing’s 787 Dreamliner jet remains on track for this fall, but mechanical glitches are making the production schedule tighter than the company would like, the Seattle Times reports. Delays, mis-drilled holes, and ill-trained workers have contributed to the thinning cushion Boeing allowed for itself to meet the fall deadline. The jet promises to save 20% on fuel while improving cargo space and passenger comfort. More »

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)
A Southwest Airlines Boeing 737 departs Chicago's Midway Airport.   (AP Photo)
The aft fuselage for a Boeing 787 Dreamliner. Production on the aircraft is off 15 months.   (AP Photo)
Graphic shows Boeing Co. stock prices.   (AP Photo)
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)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (
1
 of 3)

Tags

airline industry • Boeing • 787 Dreamliner • aerospace • delay • Air Canada • Boeing 787


Loading...

Premium Articles from HighBeam

Find more articles like this

Today's Most Popular

Loading...

Other Business Stories

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »