There is more confusion about the near-term fate of the Boeing Co. (NYSE: BA) 787 Dreamliner. Some media outlets say that test flights could begin soon, and that an acceptable solution to the plane’s battery problems are days away. Other reports claim that the federal government may not find an acceptable solution for weeks or longer.
U.S. safety regulators are poised to approve within days a plan to allow Boeing Co to begin flight tests of the 787 Dreamliner with a fix for its volatile batteries, a critical step towards returning the grounded aircraft to service, two sources familiar with the matter said on Wednesday.
The Wall Street Journal reports:
Transportation Secretary Ray LaHood needs more information to be convinced that Boeing Co.’s BA +0.53% proposed fixes to batteries on its 787 Dreamliner are adequate to enable the jet to resume commercial flights.
“I have made it very clear that I want a thorough review” of the Boeing plan, Mr. LaHood told paper on Wednesday. “I am going to ask a lot of questions” before a final decision is made.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
