Posted by: mulrickillion | October 27, 2011

Boeing Posts Strong Profit but Cuts Delivery Forecast

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All Nippon Airways, the first 787 customer, inaugurated service with the plane on Wednesday, taking 240 people from Tokyo to Hong Kong. ANA employees, above, were on hand to watch the flight leave Tokyo. Issei Kato/Reuters.

By Christopher Drew, Oct 26, 2011 — Boeing said Wednesday that its third-quarter earnings topped estimates and projected that its new 787 Dreamliner would earn at least a low, single-digit profit from sales of the first 1,100 planes.

Analysts have been concerned about how long it would take for Boeing to recover its huge investment in the more fuel-efficient passenger plane, which went through several years of production delays and cost increases before the first jet was delivered last month. . . .

Boeing Posts Strong Profit but Cuts Delivery Forecast – NYTimes.com

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See also Chinese airlines, China’s market, and Boeing 787 cancellations

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