Airlines seeking new terms following 787 delay

06/29/2009 | Wall Street Journal, The

For cash-strapped airlines, the latest production delay in the Boeing 787 program allows an opportunity to renegotiate terms and prices, The Wall Street Journal reports. Carriers are eager to discuss compensation, though industry insiders say Boeing has halted discussions until the delivery time line becomes clearer. "Our focus is always on our customers and, as we've done throughout the development program, we will work closely with them regarding the program and the impact of this issue," a Boeing spokesman says. Meanwhile, one analyst says limited cancellations may be a boon to the plane-maker, allowing Boeing to shuffle delivery slots and avoid penalty payments.

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Wall Street Journal, The

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