Another Delay for the Boeing 787 Dreamliner

787 With Mt Rainier in DistanceK65116Bloomberg points out that the Boeing Co. (NYSE: BA) Dreamliner 787 may not be back in service as fast as the press and many airlines expect. The sticking point is that American regulators worry about making a mistake that will haunt them and cause a wrathful reaction from Congress.

The news service reports:

The Federal Aviation Administration is under scrutiny for clearing the 787 in 2007, only to reverse itself after lithium-ion batteries overheated on two jets. Transportation Secretary Ray LaHood, whose agency includes the FAA, declared the planes safe days before they were ordered parked. FAA officials will face the National Transportation Safety Board this month to explain their initial decision.

Boeing needs the FAA to end a Jan. 16 grounding order so deliveries can resume from an order book valued at almost $190 billion. Politics, not just safety, will weigh on the agency as it reviews the Dreamliner's battery redesign and test-flight data, said John McGraw, an aerospace consultant.


Filed under: 24/7 Wall St. Wire, Aerospace, Regulation Tagged: BA, featured

Increase your money and finance knowledge from home

Investing Like Warren Buffett

Learn from one of the world's best investors.

View Course »

Basics Of The Stock Market

Stock Market 101 - everything you need to know but were afraid to ask!

View Course »

Add a Comment

*0 / 3000 Character Maximum