Analysts see 787 as key to reversing Boeing slump

08/6/2009 | USA Today

From space to military sales to commercial jets, Boeing Co. has suffered setbacks this year on every front, notes USA TODAY. So far this year, the Pentagon has scaled back Future Combat Systems, the Sea Launch joint venture has gone belly-up, and the 787 Dreamliner has suffered further delays. "Every aircraft and every defense program Boeing is involved in is having problems," says aviation consultant Scott Hamilton. Despite the current problems, however, experts say the 787 is key to Boeing's comeback. "When … the 787 is being produced at 120 a year," says analyst Joseph Campbell with Barclays Capital, "(it) has the potential to be the most profitable aircraft Boeing has ever had."

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