Military

787 Dreamliner Problem Grounds 5 Polish Planes

787 With Mt Rainier in DistanceK65116
courtesy Boeing Co.
In what seems like a never-ending stream of problems with The Boeing Co.’s (NYSE: BA) 787 Dreamliner, Polish flag-carrier LOT Polish Airlines ASA said on Wednesday that it was forced to ground all five of its new Dreamliners after discovering that low-pressure fuel filters were not in place on the engines of two of the planes. The airline blamed Boeing for the problem in a statement issued earlier today. Both planes are now back in service.

Boeing officials are currently trying to soothe Norwegian Air Shuttle ASA executives in Oslo following a variety of problems that the Norwegian carrier had with its two Dreamliners. The airline is scheduled to purchase five more Dreamliners.

The Polish airline’s planes were grounded earlier this year due a battery malfunction on 787s that affected many carriers. The Polish government estimated that the grounding cost LOT more than $30 million and it is currently trying to get assistance from the U.S. ambassador to Poland in its negotiations for reimbursement from Boeing. Maybe the Boeing team can make a detour to Warsaw before returning to the U.S. LOT has taken delivery of five of the eight Dreamliners it has ordered.

Boeing’s shares are down fractionally in early afternoon trading, at $118.98 in a 52-week range of $69.18 to $120.38.

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.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.