Another 787 Dreamliner from Boeing Co. (NYSE: BA) was forced to return to its point of origin last night after an mechanical indicator warning light came on. The Japan Airlines flight returned to Boston after circling to reduce its fuel load.
Japan Airlines owns seven of the Dreamliner planes and has suffered from a fuel leak problem, and one plane caught fire in Boston early this year before Boeing replaced the battery packs that forced a three-month grounding of the planes.
Just yesterday the United Kingdom’s air safety board determined that a fire in a 787 parked at Heathrow was due to a battery that powers the plane’s emergency locator transmitter. The agency urged owners of the planes to disable the transmitters, which are made by Honeywell International Inc. (NYSE: HON), by removing the battery that provides power to the devices.
Boeing’s shares are down nearly 2% in premarket trading this morning, at $105.60 in a 52-week range of $69.03 to $108.15.
Top Gaining Stocks
Top Losing Stocks