If Boeing Co. (NYSE: BA) has one more problem with its 787 Dreamliner, it might as well take it out of production. This week is the Paris Air Show, and consequently a time when Boeing and Airbus announce a huge portion of their annual orders from carriers and lease firms. In other words, it is not a time for bad publicity.
A Dreamliner owned by United Continental Holdings Inc. (NYSE: UAL) and bound for Japan made an emergency landing in Seattle, ironically the place where Boeing once had its headquarters. The problem was likely caused by an oil filter in one of its engines — not exactly an incident that would engender trust in how mechanically sound the 787 is.
The Wall Street Journal reported:
There was no indication the incident was related to problems with the Dreamliner’s lithium-ion batteries that prompted global regulators in mid-January to ground the jets for three months. Boeing received approval from regulators for a package of fixes designed to ensure the battery system’s safety, which it installed on all Dreamliners in service before they resumed flights starting in late April.
In other words, the plane has two problems and not one.
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