Boeing CEO confident that 787 battery fix will work

Thu Mar 28, 2013 10:59am EDT

Boeing CEO Jim McNerney waits to be introduced to speak, in front of a Boeing 787 Dreamliner under construction as U.S. President Barack Obama (not pictured) toured the Boeing facility in Everett, Washington February 17, 2012. REUTERS/Jason Reed

Boeing CEO Jim McNerney waits to be introduced to speak, in front of a Boeing 787 Dreamliner under construction as U.S. President Barack Obama (not pictured) toured the Boeing facility in Everett, Washington February 17, 2012.

Credit: Reuters/Jason Reed

Related Topics

(Reuters) - Boeing Co (BA.N) has high confidence the proposed fix for the lithium-ion batteries on its grounded 787 passenger jet will work, Chief Executive Officer Jim McNerney said on Thursday.

The grounding has been a "frustrating experience," McNerney told a U.S. Chamber of Commerce aviation summit. (For event video, click: link.reuters.com/juf96t )

Regulators grounded the 787 on January 16 after separate battery incidents on planes in Boston and Japan. That grounding has already cost the company an estimated $450 million in lost income and compensation payments to airlines.

Boeing is now running test flights to prove the safety of its new battery system. McNerney said he expected the plane to be in service "sooner rather than later," though he was not more specific.

Shares of Boeing fell 0.5 percent to $85.76 in morning trading. The stock is up 16 percent since the plane was grounded, most of which came over the last month as the 787 moved closer to flying again.

(Reporting by Alwyn Scott; Editing by Gerald E. McCormick and Lisa Von Ahn)

FILED UNDER:
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (3)
unionwv wrote:
Will the tests of the steel box, battery ignition containment “fix” be released for public scrutiny?

Mar 28, 2013 9:24am EDT  --  Report as abuse
noyoudont wrote:
I will NOT be caught flying in that death trap, fixes or not. The “Nightmareliner” has been a succession of failures followed by blunders for years. I do not consider if even an optional transport when all else fails. I simply will NOT fly in that. On a sarcastic note, I can’t help but remember Boeing’s gloating over Airbus delays on A380. Karma is unforgiving, isn’t it, Boeing?

Mar 28, 2013 11:45am EDT  --  Report as abuse
FairPlay3 wrote:
Let’s hope that 787 battery fix is a good one. The FAA furloughed all 2800 of their aviation safety inspectors who, on the behalf of the American people, are the professionals that are (were?) supposed to make sure it works and keeps working during actual passenger operations. Honestly, you can’t script this stuff.

Mar 29, 2013 5:45am EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.