The Wall Street Journal will publish an article tomorrow on the 787 delays. They are saying what we have been hearing for some time that the Q1 first flight is not going to happen with even an end of June a tough date.
Perhaps more telling is the longer term implications. IE what we have been saying for some time that the production schedule is still way too ambitious.
We believe a more prudent approach would be a slower ramp rate is advisable which would push full initial production to 2010. Boeing's stock wont like this but the plane will do better for it.
For early ship-sets this could have some serious implications.
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