Boeing's Dreamliner faces three-month delay
The U.S. plane maker insisted that, for now, it did not foresee the delay affecting plans to deliver the first plane to All Nippon Airways of Japan in May. But it would mean a significant compression of the program for testing and safety certification, Boeing said.
"This adds pressure and some increased risk," Mike Bair, general manager of the 787 program, conceded during a conference call from Seattle. But he stressed that the company placed the highest importance on meeting its promised delivery deadlines. So far, 48 customers have ordered a combined 707 of the planes - worth more than $100 billion at list prices.
Investors shuddered initially at the news, which evoked fears of a crisis similar to the one that hit the Airbus A380 "superjumbo" plane last year.
Troubles linked to the design and installation of the A380's electrical wiring snowballed into a devastating two-year delay in deliveries, saddling the European plane maker with heavy financial losses.