BOEING'S TROUBLE

Boeing’s proposal to expedite the approval of $25 billion worth of Boeing 787 Dreamliners was denied by Federal Aviation Administration (FAA). The negotiation on Boeing’s part to address and persuade the administrating body about the defects in aircrafts has forced them to hold the deliveries till October. The consequence of this delay has caused Boeing’s customers to renegotiate and even cancel their orders. With over 100 Dreamliners ready, Boeing will not be able to clear their inventory if the FAA’s safety experts are disatisfied. Although the delay may cause millions in damages, the company values the decision made by FAA and promises to take their time to rectify the defects and ensure highest standards.

---

Summary by Sonalika Nigam

Read News