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Dreamliner delayed to 2010

Dec 12 2008 13:20

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Washington - US aerospace giant Boeing on Thursday delayed the maiden flight of the 787 Dreamliner plane and pushed back first deliveries to early 2010 because of production and labour problems.

The six-month-postponement was the latest setback for the Dreamliner project that was launched in 2004 with a record order from All Nippon Airways.

Now the Japanese launch customer will not receive delivery until the first quarter of 2010, roughly two years later than initially promised.

Boeing pushed back the 787's first flight into the second quarter of 2009 from the current fourth quarter. Deliveries most recently had been slated to begin in the third quarter of 2009.

"The new schedule reflects the impact of disruption caused by the recent machinists' strike along with the requirement to replace certain fasteners in early production airplanes," the company said in a statement.

Boeing indicated on November 4 it would postpone the first test flight of the Dreamliner because of problems with fasteners and a crippling 58-day machinists strike that had ended two days earlier, but at the time provided no new schedule.

Separately, Boeing announced a management shuffle that moved Scott Fancher, the head of the missile defence business, in charge of the 787 program. Fancher replaces Pat Shanahan, who will lead a program for all current production and development programs, including the Dreamliner.

"Boeing is under pressure after announcing the latest delay in its 787 Dreamliner aircraft," analysts at Charles Schwab & Co said.

"Delays could extend beyond this summer 2010 timeframe. Management has set several timelines that have broken and we do not yet see evidence that the next one will hold," said Douglas Harned, analyst at Bernstein Research.

Demands

The aerospace group said it would provide Dreamliner customers with updated delivery schedules after evaluating the impact of the delay on delivery dates.

Boeing has staked its future on the Dreamliner, its first new model in more than a decade. The plane is competing with the new A380 superjumbo from European aircraft manufacturer Airbus in an aviation market reeling from the global financial crisis and falling demand.

"Strategically, an extended delay should help Airbus sell A330s and A350s and also weaken Boeing's planned advantage over Airbus in development cycle time and positioning for next-generation 737s and/or 777s," Harned said.

Repeated delays in the Dreamliner programme leave the manufacturer vulnerable to demands for compensation from irritated customers.

Boeing has 896 orders from 58 companies to date. All Nippon Airways (ANA), Japan's second-largest carrier, was the first 787 customer, ordering 50 planes for about $6bn in April 2004. Deliveries were initially scheduled to begin in 2008.

Boeing said it was determining the financial impact of the latest delay, which it would incorporate into updated financial and "overall airplane delivery guidance" to be released at a later date.

According to Boeing, the 787 will use 20% less fuel than today's airplanes of comparable size because it is being built with plastic composites instead of aluminum.

In a production departure, Boeing has relied heavily on outsourced labor in the US and abroad for the assembly of four 787 test jets at its plant in Everett, Washington.

- AFP

 
 
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