Yep, Boeing is delaying the delivery of the 747-8 by 6 months to re-work some components. The intercontinental is also delayed.
Boeing Co. extended a yearlong
delivery delay for its newest 747 jet by six months as engineers
redesign some parts and said it will add a fifth plane to the
test fleet to speed up the work.The postponement to mid-2011 shouldn’t have a material
impact on Boeing’s 2010 earnings, the Chicago-based company said
in a statement today. Boeing has taken $2.04 billion in charges
amid three prior delays that had pushed back the latest delivery
date of the freighter version -- due before the passenger model
-- to the end of this year.The fifth variant of the 40-year-old jumbo jet stretches
the iconic hump on top and features new engines and the longest
wing Boeing has ever built. The new design forced engineers to
make more changes than the company expected. While analysts
surveyed by Bloomberg had predicted additional charges, higher
profit from existing jets helped Boeing make up for added
expenses for the 747, Gleacher & Co.’s Peter Arment said.
See more at www.bloomberg.com
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