Boeing Again Resets 787 Schedule

Boeing(BA Quote) has again altered its schedule for the long-delayed 787, saying Thursday the airplane will now have its first flight in the second quarter of 2009 and its initial delivery in the first quarter of 2010.

The new dates reflect the setbacks caused by the recent 58-day strike by the International Association of Machinists, as well as the need to replace fasteners in early-production models, Boeing said.

"Our industry team has made progress with structural testing, systems hardware qualification and production, but we must adjust our schedule for these two unexpected disruptions," said Scott Carson, CEO of Boeing Commercial Airplanes, in a prepared statement. ...