Boeing Dreamliner Delayed Again

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Key Takeaways:

  • Boeing announced further significant delays for its 787 Dreamliner, pushing deliveries back by 14 to 16 months and reducing 2009 production goals from over 100 to just 25 airplanes.
  • Despite the extensive delays, some industry analysts viewed the new schedule as "good news" because it was finally a believable timeline after previous postponements.
  • The airplane is now expected to fly in October and be delivered in the third quarter of 2009.
  • Airlines that have placed nearly 900 orders for the 787 are considering seeking compensation from Boeing due to these prolonged delays.
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Boeing announced on Tuesday that its 787 Dreamliner will be delivered 14 to 16 months late, but some industry analysts said that was good news, the Seattle Times reported — it at least was a schedule they could believe. The original completion date had already has been pushed back twice. This week, the company added another six months, saying the airplane won’t fly until October and will be delivered in the third quarter of 2009. Boeing also reduced its production goals, saying it will deliver just 25 of the airplanes next year, down from over 100 in earlier estimates.

Some airlines that ordered the airplane have said they may seek compensation from Boeing for the delay. The company has accepted almost 900 orders, worth over $150 billion, for the airplane.

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