Dreamliner Delayed

John Flowers in the Wall Street Journal tells us that "Boeing Inc. announced another delay in delivery of its much troubled 787 Dreamliner, which has experienced a series of setbacks caused largely by work that had to be done on the final assembly line after it wasn't handled at supplier factories as planned.

The carrier said first flight now won't take place until the fourth quarter, not the most-recent target of the second quarter. First delivery has also been pushed back some six months to the third quarter of 2009 instead of first quarter. That schedule now targets approximately 25 deliveries in 2009, down from October's 109. The company didn't update the forecast in January, when it pushed back 787 targets.

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