Military

Second 787 Dreamliner Grounded in Norway

787 With Mt Rainier in DistanceK65116
Source: courtesy Boeing Co.
For the second time in less than a week, a 787 Dreamliner from Boeing Co. (NYSE: BA) owned by Norwegian Air Shuttle was forced to remain on the ground Sunday due to a technical problem. This time the problem was electrical. The problem first reported last Thursday affected the aircraft’s brakes.

An airline spokesman told The Wall Street Journal that the electrical problem has now been fixed and the plane should be cleared to fly again on Monday. The aircraft was scheduled to take 250 passengers on a flight from Oslo to Bangkok, but the airline was forced to fly them to Stockholm, where they boarded an Airbus plane built by Boeing rival European Aeronautic Defense and Space Inc. (EADS) for the flight to Bangkok.

Electrical issues have plagued the 787 since its introduction. Small cockpit fires and other electrical snafus have grounded planes belonging to All Nippon Airways, Qatar Airlines and Air India. Norwegian Air Shuttle took delivery of two Dreamliners this summer and has orders for six more. The airline has indicated that it plans to take the future deliveries.

Boeing’s shares have gained $30 since the beginning of the year and closed Friday at $106.07 in a 52-week range of $69.03 to $109.49. Shares are inactive in Monday’s premarket trading.

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.