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Military

Dreamliner Again Tests the Patience of Norwegian Airline

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By Paul Ausick Updated Published
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787 With Mt Rainier in DistanceK65116
courtesy Boeing Co.
One of the two 787 Dreamliners in the fleet of Norwegian Air Shuttle ASA remains on the ground in Bangkok Friday due to problem with a hydraulic pump. This is at least the fourth problem the Norwegian carrier has had with the planes built by The Boeing Co. (NYSE: BA).

First there was the brake problem, which grounded one Dreamliner in Stockholm. Then there was the electrical problem that forced the airline to transfer passengers to an Airbus plane. Next came a problem with a hydraulic pump in New York that forced the airline to pay 70 passengers to stay in the Big Apple for another night.

At least the planes weren’t delivered until after the original electrical problems were found and fixed.

Norwegian Air Shuttle plans to expand its local service with Dreamliner flights to Asia and the U.S., and has another six Dreamliners on order. Boeing executives were in Oslo earlier this week to meet with the airline to discuss all the problems its been having. The airline’s CEO told The Wall Street Journal, “If this continues, it is totally unacceptable.” That’s probably an understatement.

Boeing’s shares have been trading down on Friday, and are currently changing hands at $118.39, down 0.8% for the day in a 52-week range of $69.18 to $120.38.

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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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