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Boeing resuming B787 flight testing

Analysis

Boeing has resumed flight tests on its B787 programme after the fleet was grounded last month following an inflight power-failure.

Summary
  • Boeing has resumed flight tests on its B787 program after a power-failure incident.
  • An interim version of updated power-distribution-system software has been installed on the first aircraft resuming flight tests.
  • Boeing is focused on developing a new program schedule and expects to complete the assessment in January.
  • Boeing's shares gained 0.7% following the resumption of flight tests, while Airbus' parent EADS shares fell 0.4%.
  • The daily share price movements of selected Original Equipment Manufacturers and Aviation Suppliers & Leasing companies are provided.
  • Data sources for the share price movements include the Centre for Asia Pacific Aviation and Yahoo! Finance.

An interim version of updated power-distribution-system software has been installed on the first aircraft resuming flight tests.

B787 programme head, Scott Fancher, stated: "As we return to flight test and determine the pace of that activity, we remain focused on developing a new program schedule", adding: "We expect to complete our assessment of the program schedule in January."

Boeing's shares gained 0.7% yesterday, while Airbus' parent EADS fell 0.4%.

Selected Original Equipment Manufacturers daily share price movements
(% change): 23-Dec-2010

Selected Aviation Suppliers & Leasing daily share price movements
(% change): 23-Dec-2010

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