In simultaneous announcements, Boeing confirmed Friday that both the FAA and the European Aviation Safety Agency have certified the 787 Dreamliner for commercial operation. Boeing's now cleared to begin delivering Dreamliners to inaugural customer All Nippon Airways on Sept. 26. After that, there's a long line of anxious customers to service: Delta
What's it mean to you?
Assuming you don't run an airline, but do own Boeing stock, what this means to you is simple: Certifying the 787 for flight marks the "end of the beginning" of Boeing's long trip back into investors' good graces. Three years of delays, excuses, and broken promises have left Boeing's credibility in tatters, but the good news in the past couple of weeks gives Boeing a chance to begin rebuilding after the storm.
Despite all its troubles so far, and despite the threat of both customers and suppliers such as Spirit AeroSystems, General Electric
Given time, Boeing will earn a profit on this plane. Given time, investors will begin to trust Boeing again.
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