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.
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
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.