30-Sep-2010 10:01 AM

Boeing expected to announce more charges and delays for B747-8

Boeing is reportedly expected announce a fourth financial charge and another delay for the B747-8 (Bloomberg, 30-Sep-2010). A Bloomberg survey of aviation analysts forecast delays of three to 10 months for the aircraft and additional USD100 million to USD1 billion in charges. Boeing is working to finalise the B747-8’s schedule as it sorts through issues raised during flight testing. An update on the aircraft will be released for customers and investors soon. The aircraft is due for its first delivery in 1Q2011. 

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