The first flight of the 787 has been moved to the fourth quarter of 2008, Boeing said. The new plan includes additional schedule margins to reduce risk of further delays with the program.
Boeing expressed confidence in its plans and said it will work closely with customers to minimize any disruption. Boeing said that it expected no change to 2008 earnings and said it expected strong 2009 growth.
“Over the past few months, we have taken strong actions to confront and overcome start-up issues on the program, and we have made solid progress," said Boeing Commercial Airplanes President and CEO Scott Carson.
Carson said work situation and unanticipated rework prevented Boeing from hitting the milestones laid out in January. He also said while the fundamental technologies and design of the 787 remain sound, Boeing has made allowance for dealing with other issues the company may uncover in testing. Visit www.boeing.com.