Another Disappointment From Boeing (BA)

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As expected by many and hoped for by few, Boeing (NYSE: BA) delay, once again, the launch date of its 787 Dreamliner. It may want to drop the "Dreamliner" part of the name.

Boeing said the first flight of the all-new airplane will move into the fourth quarter of this year rather than the end of the second quarter, and first delivery is now planned for the third quarter of 2009 instead of first quarter.

The firm insisted that its financial guidance would not be affected. That hardly matters to the airlines who ordered the plane.

Douglas A. McIntyre