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| Boeing eyes Dreamliner solution | Boeing eyes Dreamliner solution |
| (40 minutes later) | |
| Planemaker Boeing says it has found a "technical solution" to a problem which had delayed the appearance of its new 787 Dreamliner aircraft. | Planemaker Boeing says it has found a "technical solution" to a problem which had delayed the appearance of its new 787 Dreamliner aircraft. |
| However, Boeing did not say when the plane would fly. Last month, Boeing said it had delayed the maiden flight of the Dreamliner once again. | |
| Boeing also reported a 17% rise in second-quarter profits to $998m (£417m), helped by its defence unit. | |
| Overall sales rose 1% to $17.15bn, with defence sales up 9% to $8.7bn. | |
| Revenue impact | Revenue impact |
| Last month's delay of the Dreamliner was the fifth time the launch date had been put back. The long-range, medium-sized plane is already more than two years behind schedule. | Last month's delay of the Dreamliner was the fifth time the launch date had been put back. The long-range, medium-sized plane is already more than two years behind schedule. |
| Releasing its second-quarter results, Boeing said it would reveal a new delivery schedule for the 787 in the current financial quarter. | |
| "The 787 programme has identified a technical solution to the previously announced requirement to reinforce an area within the side-of-body joint, and is currently evaluating alternative ways to implement that solution," Boeing said in a statement. | "The 787 programme has identified a technical solution to the previously announced requirement to reinforce an area within the side-of-body joint, and is currently evaluating alternative ways to implement that solution," Boeing said in a statement. |
| "The company expects to complete its assessment of the schedule and financial implications during the third quarter." | "The company expects to complete its assessment of the schedule and financial implications during the third quarter." |
| However, analysts were disappointed that Boeing did not announce a permanent fix to the problem. | However, analysts were disappointed that Boeing did not announce a permanent fix to the problem. |
| "As expected, the 787 now looks increasingly likely not to fly at all this year - if that's the case, with 777 production decreasing next year and the likelihood of no 787 deliveries, the impact on revenues for 2010 could be profound," said aerospace analyst Saj Ahmad. | "As expected, the 787 now looks increasingly likely not to fly at all this year - if that's the case, with 777 production decreasing next year and the likelihood of no 787 deliveries, the impact on revenues for 2010 could be profound," said aerospace analyst Saj Ahmad. |
| During the second financial quarter the Dreamliner programme had new orders for 13 planes, but orders for 41 planes were cancelled. | During the second financial quarter the Dreamliner programme had new orders for 13 planes, but orders for 41 planes were cancelled. |
| The firm said that total confirmed orders were now for 850 aircraft from 56 customers. | The firm said that total confirmed orders were now for 850 aircraft from 56 customers. |
| Both Boeing and Airbus face dwindling orders for new planes as the global recession hits demand for air travel and cargo services. | Both Boeing and Airbus face dwindling orders for new planes as the global recession hits demand for air travel and cargo services. |