Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

United Continental Holdings Inc (UAL) Drops 787 Through June 5: The Boeing Company (BA)

Page 1 of 2
United Continental Holdings Inc (NYSE:UAL) cut the grounded The Boeing Company (NYSE:BA) 787 from its flying plans at least until June and postponed its new Denver-to-Tokyo flights on Thursday, as airlines continued to tear up their schedules while the plane is out of service.Investigators are still trying to figure out what caused a battery fire in one plane and forced the emergency landing of another plane last month. The world’s 50 787s have been grounded since Jan. 16.United spokeswoman Christen David said the plane could still fly earlier than June 5 if a fix is found. At that point it would be used as needed around United’s system, she said.
The Boeing Company (NYSE:BA)
United was due to begin flying from Denver to Tokyo’s Narita airport on March 31. It’s postponing the start of those flights at least until May 12, or longer if the 787 isn’t cleared to fly. That would be almost a year after United began selling tickets for the flight.United has said the flights are a perfect fit for the 787, which is mid-sized and very fuel-efficient. The thinking is that Denver would be unlikely to fill a bigger plane for a flight to Tokyo. But it can fill the plane’s 219 seats, and the plane is fuel-efficient enough to turn a profit.

LOT Polish Airlines has said it will keep its 787s grounded through October.

Switching the plane to be used on a flight is more complicated than passengers might think. Pilots trained to fly one type might not be able to fly the replacement, creating scheduling problems. Seats are laid out differently, meaning seating assignments have to be redone.

The Federal Aviation Administration has said it won’t clear 787s to fly until Boeing can show they’re safe. Boeing intends to propose a plan to federal regulators on Friday to temporarily fix problems with the 787’s batteries, a congressional official told The Associated Press on Wednesday.

Boeing has declined to talk about any planned meetings with federal officials.

The company is in the middle of multiple probes related to the 787. The National Transportation Safety Board and the FAA are looking into the Jan. 7 battery fire on a Japan Airlines 787 parked at Boston’s Logan International Airport. A Japan Airlines emergency landing in Japan is being examined by investigators in that country. And more broadly, the FAA is reviewing the design, certification, manufacture and assembly of the 787.

So far industry and labor have been mostly supportive of Boeing and the government probes. Air Line Pilots Association President Lee Moak said the union is confident that when the investigations are done “we’ll have known the reasons behind the system failures and we’ll be able to move forward.”

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!