Boeing in for Trouble?

Posted by | April 10, 2008 | Current Affairs | No Comments

Boeing has put forth a further six month delay for its 787 dream liner plane. This is a third time that there has been a delay, first delivery is to be in the third quarter of 2009 (initially the release was in to be in the May of this year). Well looks like Boeing would have to pay the price for this delay, Air New Zealand, Air India, a Nippon Airways and Japan Airlines say that they might lay claims for the delay.

It looks like that there are 50 airlines are waiting for 892 Boeing 787’s worth $145 billion at list prices. Even with such a trouble brewing it looks like they seem to be performing well at the market with their shares jumping to the tune of about 4.8%. 787 is still the most sought of the airlines and looks like the customers of 787-3 would have to wait for the longest, as Boeing plans to concentrate on 787-8 and 787-9.

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