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Money News

Boeing expects 787 schedule to slip

File photo of the Boeing World Headquarters office building in Chicago, April 26, 2006. REUTERS/Joshua Lott/Files

WASHINGTON (Reuters) - Boeing CoBA.N expects first delivery of its 787 Dreamliner to slip beyond its current target, the head of the company's commercial airplane division said on Tuesday.

The comments from Jim Albaugh to Reuters on the sidelines of a U.S. Commerce Department event come less than a month after an electrical fire on a 787 test flight forced an emergency landing of the plane in Texas and caused Boeing to halt test flights.

The company last week said it would revise the 787 program schedule soon.

“There will be an impact with the first delivery,” Albaugh told Reuters.

The world's second-largest commercial plane-maker after AirbusEAD.PA has said foreign debris probably caused the Nov. 9 electrical fire and that it would revise its program schedule.

The company's current schedule calls for first delivery to Japan's All Nippon Airways9202.T in the first quarter of 2011, but many experts believe the delivery will be delayed.

“We have another several weeks of work to do to get the fix in place,” Albaugh said. “Once we understand the fix, we’ll be able to tell you what the impact on the schedule.”

Shares of Boeing, a Dow component, were down 0.5 percent at $64.03 on the New York Stock Exchange.

Reporting by John Crawley; Editing by Lisa Von Ahn

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