Sunday, August 30, 2009

Aerospace News

Analysts offer mixed reaction to Boeing's new 787 schedule

Leeham News and Comment has a good roundup of analysts' mixed reaction to Boeing's Thursday announcement of a new schedule for the 787 Dreamliner and a $2.5 billion charge against third-quarter results for the first three 787s, which the company says it can't sell.

The market clearly liked the news, which sent Boeing stock up 8.4 percent, although it was back down 1.2 percent as of 10:11 a.m., Pacific time.

Chalk up Friday's downturn, in part, to Standard & Poor's saying Friday it remained concerned about the potential for more order cancellations and deferrals, although it had already incorporated the delay reflected in the new schedule into its recent downgrade Boeing's ratings, according to an Associated Press report.

Previous stories:


  • Boeing's Tinseth: "We're cautiously confident"
  • More from 787 conference call Thursday
  • Reaction to Boeing's new 787 schedule
  • Boeing 787 update: Conference call with executives
  • Boeing plans to fly 787 this year, deliver late 2010
  • Report: Boeing 787 first flight likely November or December
  • Boeing 787 delays push Qantas to Airbus
  • Boeing "squandered" chance to cripple Airbus, report says
  • Gauging Boeing's credibility problem
  • Fuselage "wrinkles" fallout
  • Boeing orders 787 supplier to halt work on two major parts
  • Report: There's more to Dreamliner delay than what Boeing says
  • Boeing 787 Dreamliner wing damage more extensive than reported?
  • Delaying the 787 first flight: Is Boeing's credibility shot?
  • Boeing postpones first flight of 787 again
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