Poor Boeing. They are right in the middle of one of the worst economic downturns in their history, and their newest plane is creating a bit of a disaster of its own.
The 787 Dreamliner was scheduled to take its first flight early last year, but they realized back then that it could be moved to September 2008. We are now in the Summer of 2009 and Boeing is on their sixth delay.
The delay comes just one week after a horrible Paris Air Show, which is traditionally where Boeing announces a boatload of orders, but this year Airbus beat them, though neither manufacturer had that much good news to report. Airbus reported 112 aircraft sales, Boeing only sold 2.
The bad news is having a horrible effect on the share price of Boeing, which is down over 7% this morning (at the time of writing).
Still, fingers crossed that they sort out the problems with the plane. It really is a beauty, but it won’t do them (or their customers) any good if it just sits on the runway. By now I am sure Boeing will be regretting laughing at the problems Airbus encountered in building the massive A380 double-decker plane.