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Military

Boeing Gets Good News from FAA on 787

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By Douglas A. McIntyre Updated Published
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According to a number of media reports, Boeing Co. (NYSE: BA) received approval to test fixes of its buggy 787 Dreamliner. The bugs have grounded that aircraft for two months.

The New York Times reports:

Boeing achieved a major milestone on Tuesday as the Federal Aviation Administration approved its plan to test fixes to the battery problems that have grounded its 787 jets since mid-January.

Boeing’s new battery design includes better protection in case a battery catches fire. The F.A.A. could still demand changes if problems develop in the laboratory and flight tests. While Boeing hopes to begin fitting its redesigned batteries in the grounded 787 fleet by mid- to late April and resume commercial flights quickly after that, government officials are not sure that the process will move that fast.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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