Thursday, February 5, 2009

Another 787 cancellation

LCAL calcelled most of it's 787 order that they had placed over the last few years. They cited the current world economic recession and future economic uncertainty as the cause. Prior to the cancellation LCAL had orders 9 787-9 and 12 787-8. They cancelled all the -9 and 7 of the -8s.

While this is a poor turn of events for Boeing, LCAL did have some early delivery slots thus Boeing might be able to mitigate some of the delays with other airlines. Clearly, in this environment new orders are going to be very hard to come by, but if Boeing can hold on to many of their "blue chip" customers, then they can be in a good position to weather the storm.

At the end of the day Boeing needs to get the 787 into the air along with the other 5 test airplanes.

A bit of good news for the program, an LCF flew in today from Grottaglie, Italy. I believed it was carrying the horizontal stabilizer for airplane #6.

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