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Military

Another Boeing 787 Problem

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By Paul Ausick Updated Published
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787 With Mt Rainier in DistanceK65116
courtesy Boeing Co.
Another 787 Dreamliner from Boeing Co. (NYSE: BA) was forced to return to its point of origin last night after an mechanical indicator warning light came on. The Japan Airlines flight returned to Boston after circling to reduce its fuel load.

Japan Airlines owns seven of the Dreamliner planes and has suffered from a fuel leak problem, and one plane caught fire in Boston early this year before Boeing replaced the battery packs that forced a three-month grounding of the planes.

Just yesterday the United Kingdom’s air safety board determined that a fire in a 787 parked at Heathrow was due to a battery that powers the plane’s emergency locator transmitter. The agency urged owners of the planes to disable the transmitters, which are made by Honeywell International Inc. (NYSE: HON), by removing the battery that provides power to the devices.

Boeing’s shares are down nearly 2% in premarket trading this morning, at $105.60 in a 52-week range of $69.03 to $108.15.

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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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