New York, NY (Marketsblog) – Chicago-based Boeing Co. has announced that it will delay its first delivery of the superjumbo, Dreamliner 787 by six months.
The delay, however, is not expected to influence the company’s 2008 guidance and the aviation firm forecasts "strong" earnings growth for 2009, reports MarketWatch.
The Dreamliner will launch its maiden flight later this year rather than mid-spring. The transatlantic rival to Europe’s Airbus is scheduled to deliver 25 Dreamliners in 2009. An earlier target was closer to 109 airplanes, say reports.
The third delay in six months for the superjumbo is not worse than analysts expected, as the stock took off 1 percent to $75.77 in premarket trading.
As of 10:58 am in New York trading, Boeing added 4 percent to a whopping $78 after peaking at $78.60 earlier – that is its biggest gain since November, 2006, reports Bloomberg News.
Analyst at Oppenheimer & Co., Myles Walton told Bloomberg the delay "came in on the conservative side of expectations." Adding, "It’s certainly a credible schedule if nothing else goes wrong.”
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