Military

Is the 787 Over-Hyped for Boeing?

courtesy of Boeing Co.

So far in 2016, Boeing Co. (NYSE: BA) has a net order total of minus three for its 787 Dreamliner. Of a net order total of 96 for the year through March 15, 88 orders have been taken for the 737, 10 for the 777 and one for the 767. Only the 787 has a negative showing for the year.

Is Boeing worried? The company has taken a total of 1,143 orders for the three variations of the Dreamliner family: the 787-8 has received a total of 435 orders through the end of February and delivered 293; the 787-9 sports orders totaling 546 and deliveries of 87; and there are 162 orders for the yet-to-be delivered 787-10. Earlier this week, Boeing announced the opening of its first assembly line for the 787-10.

The company made some noise about the 787-10 line opening two weeks ahead of schedule, and it still believes that first deliveries of the plane will begin in 2018. That will help, but that won’t solve all the issues facing the 787 program.


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