The Boeing Company (BA) news: Boeing struggling to sell $1.1B of early 787s, Bloomberg reports - Seeking Alpha
Boeing have their own problems as well.
Boeing struggling to sell $1.1B of early 787s, Bloomberg reports
FEB 25, 2014BA
Boeing (BA -1.1%) is struggling to find buyers for 11 of its earliest 787 Dreamliners valued at $1.1B after two airlines dropped orders for models from the jet’s troubled beginnings, according to a Bloomberg report.
The Dreamliner ran more than three years late while Boeing worked out kinks with the carbon-fiber materials, on-board systems and a manufacturing process that relied more heavily on suppliers; the company is said to be starting upgrades on the early 787s, the last ones to be fixed, as it steps up sales efforts.
Barring a global aerospace slump, analysts say Boeing should be able to place the reworked 787s with bargain-hunting airlines seeking twin-aisle jets to fly shorter, densely traveled routes, particularly in Asia.