Third 787 Dreamliner Glitch for Norwegian Carrier

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By Paul Ausick Updated Published
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787 With Mt Rainier in DistanceK65116
courtesy Boeing Co.
Norwegian Air Shuttle ASA experienced a third problem with one of its two 787 Dreamliners from Boeing Co. (NYSE: BA). A plane scheduled to fly from New York to Oslo was delayed on Sunday and 70 of the 250 passengers were forced to spend another night in New York because a hydraulic pump was determined to be unable to handle the full weight of 250 ticketed customers.

The flight is in the air on its way to Oslo, according to The Wall Street Journal, and the passengers who were left behind got food vouchers and €600 as compensation.

Norwegian Air Shuttle has taken delivery of two 787s out of a total order for eight, and this is the third time one of its scheduled flights has been cancelled or delayed. The first delay was caused by an issue with the aircraft’s brakes, and the second was an electrical problem. All three of the airlines’ issues have occurred in the past two weeks.

The plane that experienced Sunday’s delay was the same one that had the brake problem and had been grounded in Stockholm for most of last week, The Wall Street Journal reported. Norwegian Air Shuttle expects to take delivery of its third 787 in November, and an airlines spokeswoman said, “We have confidence in these aircraft, that’s why we bought them.”

Shares of Boeing are up 2.6% in early trading Monday morning at $114.03, after posting a new 52-week high of $114.72. The prior 52-week range was $69.03 to $111.33. Reports that Boeing was the only bidder to come in under budget for new South Korean fighter planes has boosted the stock.

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About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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