More Boeing 787 Dreamliners to Resume Flights

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By Douglas A. McIntyre Published
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Boeing Co.’s (NYSE: BA) recovery continues from the battery fire debacle that involved its 787 Dreamliner. Several airlines that fly the plane have put it back into service now that it appears that the issue has been resolved. And the FAA has blessed the Boeing fix. But Boeing still may be liable for the losses some carriers had because the 787 had to be taken out of service.

Fox Business says of the resumption of 787 Dreamliner flights:

State-run Air India Ltd will resume flying its Boeing Co 787 Dreamliner passenger jets from Wednesday, Civil Aviation Minister Ajit Singh said on Tuesday, almost four months after the planes were grounded due to safety concerns.

Air India has six Dreamliners and has ordered 21 more. The planes have been grounded worldwide since January following incidents of overheating in the batteries providing auxiliary power. Boeing has since worked to develop new battery housings to prevent a repeat of the incidents.

Air India will start a Dreamliner domestic flight on Wednesday and will start international flights on May 22, Singh told reporters, adding that all six of its Dreamliners would be ready for flying by the end of the month. Air India would also acquire eight more Dreamliners by December, he added.

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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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