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Military

Second 787 Dreamliner Grounded in Norway

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By Paul Ausick Updated Published
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787 With Mt Rainier in DistanceK65116

courtesy Boeing Co.
For the second time in less than a week, a 787 Dreamliner from Boeing Co. (NYSE: BA) owned by Norwegian Air Shuttle was forced to remain on the ground Sunday due to a technical problem. This time the problem was electrical. The problem first reported last Thursday affected the aircraft’s brakes.

An airline spokesman told The Wall Street Journal that the electrical problem has now been fixed and the plane should be cleared to fly again on Monday. The aircraft was scheduled to take 250 passengers on a flight from Oslo to Bangkok, but the airline was forced to fly them to Stockholm, where they boarded an Airbus plane built by Boeing rival European Aeronautic Defense and Space Inc. (EADS) for the flight to Bangkok.

Electrical issues have plagued the 787 since its introduction. Small cockpit fires and other electrical snafus have grounded planes belonging to All Nippon Airways, Qatar Airlines and Air India. Norwegian Air Shuttle took delivery of two Dreamliners this summer and has orders for six more. The airline has indicated that it plans to take the future deliveries.

Boeing’s shares have gained $30 since the beginning of the year and closed Friday at $106.07 in a 52-week range of $69.03 to $109.49. Shares are inactive in Monday’s premarket trading.

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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