Boeing Co. (NYSE: BA) may be able to put its 787 Dreamliner back in service shortly. The problems with a battery on the plane that had caused fires and smoke have been resolved.
Source: courtesy Boeing Co.
Boeing’s airline partners have had to take the plane off of their routes and use alternative aircraft, which they claim has cost them money. Boeing may have to pay these carriers penalties. More importantly, the flying public may be afraid that the 787 is unsafe, and that belief may take some time to overcome.
The Wall Street Journal said about the Dreamliner’s return to service:
The Federal Aviation Administration is expected to move as soon as Friday to end a three-month grounding of Boeing Co.’s BA -0.66% 787 Dreamliner jet, according to people familiar with the matter.
Barring some last minute delay, these people said, the FAA will announce Boeing has demonstrated that the 787’s redesigned batteries are safe, convincing regulators in the process that various internal enhancements and a new protective metal container will prevent fires and automatically suck smoke or toxic fumes out of the cutting-edge plane.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
