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Boeing begins B787 modification process

Analysis

Boeing commenced change incorporation work on the B787, configuring and upgrading aircraft that are not part of flight test fleet to conform with standards established as part of the type certification efforts for the aircraft.

Work to be done includes installing electronic and mechanical equipment, completing software upgrades, testing functional systems, and removing and reworking wiring or equipment that needs to be updated to current configuration requirements. The work is part of getting the B787s already produced ready for delivery to customers. All Nippon Airways is due to receive the first B787 in 3Q2011.

Bombardier is pressing ahead with the production side of its CSeries, confirming has upgraded more than 100,000sqft of its Saint-Laurent facility to support production of major components for its new aircraft. Major CSeries aircraft components to be manufactured at the Saint-Laurent plant include the carbon-fibre aft fuselage and cockpit. The cockpit will be mated at the facility with the forward fuselage section made by Shenyang Aircraft Corporation in China.

In trading on Monday, BE Aerospace shares dropped 4.3% and are down 8.3% for the year. Bombardier shares fell 3.1%, while EADS, parent of Airbus, dropped 2%. Shares in BBA Aviation, Zodiac Aerospace and MTU Aero Engines were stronger.

Selected Aerospace daily share price movements (% change): 07-Mar-2011

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