Wednesday, November 24, 2010

Boeing Dreamliner Faces Seventh Delay, Analysts Say

Boeing Co.’s 787 Dreamliner, grounded for two weeks because of a fire during a flight, will be delayed for a seventh time as months of testing remain before the plane can be certified for passenger use, analysts say.

A postponement of as much as six months from the current delivery target of the first quarter of 2011 is already priced into Boeing stock, said Peter Arment, an analyst with Gleacher & Co. in Greenwich, Connecticut. Jefferies & Co.’s Howard Rubel in New York predicted an extension of less than......

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