Boeing Co. (NYSE: BA) just cannot catch a break on its 787 Dreamliner. After a 787 owned by Japan Airlines caught on fire yesterday when a mechanic was inspecting the plane, Boeing shares took a hit. Now a 787 that was flying from Boston to Tokyo has been towed back to the hanger before takeoff due to what has been reported as an engine fuel leak.
CNBC showed video coverage of the 787 Dreamliner being towed away from the runway.
Japan Airlines was among the first of Boeing’s customers to receive the new 787 Dreamliner. This plane has been plagued with issues from electronics to delamination problems. Other issues have been around the engines and one flight from Chicago to Houston of a 787 Dreamliner owned by United Continental Holdings (NYSE: UAL) was forced to make an emergency landing in recent weeks.
Reports were out yesterday that the The U.S. National Transportation Safety Board had started an investigation into yesterday’s incident. With another incident today, you can only imagine how much investors are getting less comfortable with this plane. Imagine how those passengers are feeling.
Boeing is having yet another hard day with shares down 3.2% at $73.66 now that this new problem arose. Shares were already soft after BB&T downgraded the stock this morning. Today’s loss is on top of a 2% drop yesterday.
It’s Your Money, Your Future—Own It (sponsor)
Retirement can be daunting, but it doesn’t need to be.
Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.