Business

<< Previous   of   Next >>   ADVERTISEMENT   Related Stories • Safeguards to make 787 hacker-proof 1/8/08 • Boeing challenges spill over into 2008 12/24/07 • Global supply line works, says Boeing 12/17/07 • Boeing said it can meet its revised 787 schedule 12/12/07 • Can Boeing pull off new 787 goals? 11/15/07   CONTACT THE HERALD Mike Benbow, Business Editor benbow@heraldnet.com   Published: Tuesday, January 15, 2008 Boeing may again delay Dreamliner's first flight Herald Staff The Boeing Co. could announce another delay in its 787 Dreamliner by as early as Wednesday, according to a Wall Street Journal report. The newspaper reports that the new fuel-efficient Dreamliner, which already is six months behind schedule, may not make its first flight until June. Boeing Co. officials said in December 2007 that the 787 would begin test flights by the end of March. Another delay would make it unlikely that Boeing could meet its first delivery date of December 2008. Boeing’s shares traded as low as $76 after the Journal report broke around noon Pacific Standard Time. The Chicago-based company’s stock closed down 4.67 percent at $77.86. In October, Boeing pushed back the initial flight and delivery of its first new jet in more than a decade by six months, citing parts shortages and production issues. Boeing’s new 787 will be made of about 50 percent carbon fiber composite material, a change from the mostly aluminum commercial jets in service. The aerospace company also increased its reliance on foreign partners, flying into Everett major assemblies built in Italy and Japan. Boeing had intended to push ahead with its Dreamliner production despite its initial troubles with the goal of delivering 109 jets by the end of 2009 – three fewer than its original schedule. However, Boeing officials have acknowledged the company has a tight flight test schedule to meet that 2009 goal. A delay would push back those deliveries. The Dreamliner has enjoyed remarkable market success, winning more than 800 orders since its launch.

1. Fighting foreclosure: How one couple got caught in mortgage crisis 2. Easy to steal, pricey to replace 3. 155-year boys club comes to an end 4. Monroe man's family remembers a life devoted to service 5. Future Seahawk? 6. No injuries in I-5 crash 7. Woman crossing street hit by car 8. Keep on ticking after you're dead 9. Hindus pray for peace at Bothell temple 10. Many Mexican migrants are heading home broke 2 - Top 10 Stories Most Talked about 3 - Top 10 Stories Most Emailed

• Was burglary suspect burglarized? • Food banks facing hard times • Council member resigns, heading to D.C. • Edmonds closes aid car loophole • Wildcats head to state semifinals • Thanksgiving served with an outpouring of generosity • King's takes third at 1A state tournament • School closures recommended • Raising school spirit at Shorewood • Stillaguamish Tribe’s Angel of the Winds Casino opens new addition Dec. ... • Building energy independence from the ground up