787 might not fly until June

Published 1:30 pm Tuesday, January 15, 2008

The Boeing Co. could be close to announcing another 787 delay — one that could push first flight back until June, reports the Wall Street Journal.

Boeing’s stock shot down 4.67 percent after the WSJ story just after noon PST.

During its December update, Boeing officials said the company aimed to turn the power on the first Dreamliner by the end of this month. The first flight, which had been delayed by six months in September, was set to take place by the end of March.

If Boeing confirms the delay, its revised goal of delivering 109 Dreamliners by the end of 2009 seems impossible.

Boeing could make an announcement tomorrow, the newspaper reported.