Boeing's Earnings Unbowed by Dreamliner Battery Crisis
Boeing posted strong first-quarter results on Wednesday that handily beat analyst estimates and showed little impact from the 787 Dreamliner crisis.
Boeing posted strong first-quarter results on Wednesday that handily beat analyst estimates and showed little impact from the 787 Dreamliner crisis.
The FAA has reportedly accepted Boeing's revamped battery system for its beleaguered 787 Dreamliners and agreed to lift its grounding order.
Boeing's grounded 787 jetliners could soon be flying again, published reports say.
Used in everything from laptops to electric cars, lithium-ion batteries nonetheless have an image problem following several high-profile incidents involving smoke and fire.
Boeing plans to conduct two flight tests of its revamped 787 battery system, possibly as soon as the end of the week, sources say.
Boeing expects to finish testing its battery fix for the 787 within the next week or two, but says it's up to the regulators to decide when the planes fly again.
A probe into the overheating of a lithium ion battery in an All Nippon Airways Boeing 787 found it was improperly connected to the aircraft's auxiliary power unit, Japan's Transport Ministry said Wednesday.
Japan's two biggest airlines grounded all their Boeing 787s for safety checks Wednesday after one was forced to make an emergency landing. All Nippon Airways said a cockpit message showed battery problems and a burning smell was detected in the cockpit and the cabin.
GM CEO Dan Akerson is charged up about the politically manufactured controversy surrounding the Chevy Volt. "We did not engineer the car to become a political punching bag," he said. Tough words -- but rescuing the Volt's reputation will be a tough fight.
Newly located deposits in Afghanistan could be a source of wealth for an impoverished nation crippled by decades of war. But getting those minerals out of the ground will require years of development and billions of dollars in investment.










