Boeing Reportedly Nearing Dreamliner Return

Boeing (NYSE: BA) It is expected to deliver a delivery of its 787 Dreamliner this week after a five-month halt while the aerospace manufacturer investigated possible structural defects in the plane’s carbon fiber skin.

Last fall, Boeing found potentially dangerous defects in a handful of the 787 Dreamliners around carbon fiber joints. The company has suspended deliveries while investigating the problems, but Boeing officials had said they plan to resume delivery in the current quarter.

A Boeing Dreamliner has flown by.

Boeing dream. Image source: Boeing.

Bloomberg said today that delivery would begin as early as Friday, with United Airlines Holdings near the front of the line of customers waiting for delivery. According to the report, Boeing expects U.S. regulators to sign up to repairs made by mechanics and engineers to allay areas of concern, allowing the company to begin delivering the 80 aircraft that it operates. waiting for green light.

A Boeing spokesman, in response to the Bloomberg report, said the company expects to return delivery by the end of March, but said they would continue to “take the time necessary and they changed delivery plans as needed. “

Boeing needs to resume delivery to reverse its 2020 cash flow. It ran through nearly $ 20 billion for the year due to factors ranging from the base of the Dreamliner and its 737 MAX, to falling air travel demand associated with the pandemic.

Airlines are slowly recovering from the pandemic, but demand is unlikely to rise anytime soon. For now, Boeing needs to be able to deliver on its orders, and getting the Dreamliner to fly is an important step in that process.

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