Analyst expects additional delays for Boeing 787

03/28/2008 | Chicago Tribune (tiered subscription model)

Citigroup analyst George Shapiro said he expects Boeing to delay its 787 program for six more months. "All of the delays will result in penalty payments of $2.5 billion to $3 billion," Shapiro wrote in a note to investors. "We expect additional problems in the flight-test program." Boeing has said it plans to discuss the production schedules for its 787 in early April.

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