Thursday, December 23, 2010

Is the 787 Ever Going to Take Off?

The Boeing 787 will soon be flight testing, once again after a fire on the most recent test flight on November 9th. The fire came into question the true safety of this new type of carbon fiber airplane.

Already about 5 billion US dollars have been paid for late fees. It is already 3 years behind schedule. There are also almost 30 planes sitting on the tarmac with no engine. Both Rolls Royce and GE are supplying the engine.

Meanwhile, Airbus has been making good time with its Airbus A380 and the A320 "re-engining". Their sales have been going up.

Is Boeing on its last strand or is this just overhyped? Thoughts? Both the 747-8 Intercontinental and the 787 are both years delayed and forced to pay huge payments.

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