Wednesday, February 20, 2013

As parked 787s multiply, Boeing cash drain worries grow


Everett,Washington/North Charleston, South Carolina: Paine Field Airport, next door to Boeing Co's widebody plant north of Seattle, is getting crowded as 10 new 787 Dreamliners flank the runway, sparkling with contrasting and colorful liveries, including Poland's LOT, Britain's Thomson Airways and China Southern Airlines.
It is a similar story several thousand miles away, outside the company's North Charleston, South Carolina final assembly building, where space is taken up by four 787s destined for Air India.
A month after the global fleet of the carbon-composite jets were grounded as US and Japanese regulators carry out investigations into overheating batteries, the parked airliners are a stark symbol of deepening problems this is causing Boeing.
At Paine Field in Everett, Boeing plans to move some of its other planes around to make room for new 787s coming off its two production lines, and says it has room to store all the 787s it is making.
20/02/13 Reuters/Business Standard
To Read the News in full at Source, Click the Headline