Boeing delays Dreamliners delivery to Q4 2008

Boeing announced on Wednesday what was widely expected in aerospace circles: its 787 will face a delay of six months for deliveries. Also, the first flight has been pushed further and is now planned for QI/2008. Boeing added that this won't significantly affect its earnings for 2007 and 2008.

I must disagree Doug, many people found Boeing's program too ambitious.

Boeing will have unhappy customers and some catching up to do.  The company will face performance penalties for late deliveries, albeit not as material as those Airbus faced for the longer A-380 delays.  The difficulties of new technologies combined with a new global manufacturing strategy proved too difficult for Boeing to deliver on time

After four months of speculation since it first hinted at B787 production issues, Boeing today said it won't start deiveries of the airplane until late-2008. Apart from the usual "I told you so" 20/20-retrovision doom-merchants, nobody truly saw this one coming...