Boeing 2012 results; and comments on 787

BOeing released its 2012 financial results, provided guidance for 2013 and talked about the 787 issues in its press release here.

The webcast is at 10:30 ET and the launching page is here.

“Our first order of business for 2013 is to resolve the battery issue on the 787 and return the airplanes safely to service with our customers.  At the same time, we remain focused on our ongoing priorities of profitable ramp up in commercial airplane production, successful execution of our development programs, and continued growth in core, adjacent and international defense and space markets,” CEO Jim McNerney said in the release.

On January 16, 2013, the Federal Aviation Administration (FAA) issued an airworthiness directive that resulted in all in-service 787s temporarily ceasing operations.  The company is committed to working with the FAA and other applicable regulatory authorities to return aircraft to service with the full confidence of customers and the traveling public.  While production continues on the 787, the company is suspending deliveries until clearance is granted by the FAA, Boeing stated.

One Comment on “Boeing 2012 results; and comments on 787

  1. While production continues on the 787, the company is suspending deliveries until clearance is granted by the FAA, Boeing stated

    Its this way of speaking, dripping with arrogance. Are they even aware?

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