Tom Bawden in New York
Win a fitness package worth more than £3,000
Boeing, the aerospace giant, is expected to announce further hold-ups to its already-delayed 787 Dreamliner jet programme, making it unlikely to deliver all the aircraft promised to customers during its first year of production.
The 787 model, which is already six months behind schedule, is now not expected to complete its first flight
until June after experiencing a variety of problems. There are also concerns about whether Boeing can source enough parts to meet the demand for the new aircraft.
These further expected delays will make it extremely difficult for Boeing to deliver the 109 planes it has agreed to ship by the end of next year, which could leave the group facing millions of dollars in penalty payments to the airlines which are keen to start flying the model.
If the delivery of the new 787 plane is too late, airline customers will increasingly defect to the competing A350 aircraft that is being developed by Airbus, Boeing’s arch-rival, analysts said.
The A350 model is estimated to be about four years behind Boeing’s.
Boeing’s problems were first reported by The Wall Street Journal, which said that the aircraft group may announce a new timetable for the 787 as soon as today.
The 787 is the fastest-selling new aircraft in Boeing’s history, with 817 planes so far ordered, by 53 customers. The plane is highly sought after because it features a combination of lightweight materials and fuel-efficient engines that are expected to make it 20 per cent cheaper to fly and a third less costly to maintain than older jets.
Boeing declined to comment on any problems it may have with the 787.
Industry sectors news at a glance. Interactive heatmap, video and podcast
The inside track on current trends in the charity, not for profit and social enterprise sectors
Read our exclusive 100 Years of Fleming and Bond interactive timeline, packed with original Times articles and reviews
Everything the Business Traveller needs to know to make a better trip
Shortcuts to help you find sections and articles
05/2005
£13,500
08/2008
£109,950
2006
£10,750
Great car insurance deals online
£Excellent+ executive benefits
Torres and Partners
London
£49,229 - £62,035 pro rata
Charity Commission
London/Liverpool/Taunton
Alstom Power
Europe
Six Figure
Rolls Royce
Midlands/Europe
From £89,950
Great Investment, River Views
Special Offers now available
At the new sophisticated
Encore Las Vegas Resort!
Cruise the Islands of Hawaii - Pride of America
List your property with two leading travel websites
Great travel insurance deals online
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths
News International associated websites: Globrix | Property Finder | Milkround
Copyright 2008 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.
What goes around comes around. Boeing jumped for joy when Airbus suffered major delays, proclaiming that it will not happen to them. Soon, you'll not only see customers demanding compensation, but massive cancellations. Mark my words. Eat crow Boeing.
jake, Tulouise, France