Boeing gets boost as Qatar, Asian carriers defend 787

After a couple of rough days with its 787 jet, Boeing Co. shares rebounded early Wednesday.

Boeing shares were up more than 3 percent in early trading Wednesday.

The company’s stock took a beating Monday after one of its 787 jets operated by Japan Airlines caught fire while parked at Boston’s Logan International Airport. An initial inspection by Boeing and the National Transportation Safety Board traced the problem back to a battery in the auxiliary power unit.

Boeing’s Mike Sinnett explained why Monday’s incident isn’t the same as previous 787 electrical problems in this story in the Seattle Times.

On Tuesday, another Japan Airlines 787 leaked about 40 gallons of fuel, delaying the flight for several hours as maintenance crews inspected the plane.

A third 787 problem was reported Wednesday in Japan as All Nippon Airways scratched a 787 flight after a braking issue.

Boeing and its Dreamliner got support Wednesday from a seemingly unlikely source: Qatar Airways’ Akbar Al Baker, who previously had harsh words for Boeing over 787 glitches.

Al Baker described the 787’s woes as “teething problems” in an interview with Bloomberg News. Qatar has no plans to cancel its 787s on order.

Asian carriers also rallied around the 787 with representatives of both ANA and JAL telling Reuters they have no plans to cancel their 787 orders.

Also of note Wednesday, representatives for Boeing and the Society of Professional Engineering Employees in Aerospace head back to negotiations in hopes of staving off a strike by Boeing’s 22,950 engineers and technical workers.

More in Herald Business Journal

How Airbus’s A380 deal with Emirates evaporated in Dubai

It came down to concern by Emirates that Airbus might shut down the jumbo program.

Richard Branson’s 747 to launch satellites for the Pentagon

Virgin Orbit’s LauncherOne rocket would be “air launched” from a 747-400 it calls “Cosmic Girl.”

Equipment rental and sales business H&E opens Mukilteo shop

Company hopes to capitalize on construction occuring in northwest Washington.

New Chick-fil-A draws dozens of campers in Bothell

A second restaurant of the popular chain is opening on Thursday.

Tulalip Resort Casino to feature locally grown hazelnuts

The resort wanted to put a focus on meals created with the nut.

Alderwood Water general manager named president of state association

Alderwood Water & Wastewater District General Manager Jeff Clarke has been installed… Continue reading

Boeing earns top marks for LGBTQ workplace policies

Boeing was one of 609 businesses nationwide to earn a 100-point score… Continue reading

Comcast in Lynnwood honored for recruiting veterans to workplace

Comcast Service Center in Lynnwood has been honored by the state Employment… Continue reading

Sedro Wooley’s Janicki Industries noted for hiring veterans

Janicki Industries, a high-precision parts and tooling company in Sedro Wooley, was… Continue reading

Most Read