Boeing delays Air Canada's 787 deliveries again

Tue Mar 8, 2011 6:08pm EST
 
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CALGARY, Alberta (Reuters) - Air Canada now expects its first deliveries of Boeing Co's long-delayed 787 Dreamliner jets in late 2013 and early 2014, pushing the schedule back by up to seven months from its last target.

Air Canada, the country's dominant carrier, said Boeing had notified it that the first five of its aircraft should be delivered between the fourth quarter of 2013 and mid-2014, and would advise on the remaining 32 firm orders.

It previously expected the revolutionary carbon-fiber 787s to start arriving in the second half of 2013. Boeing has suffered a string of problems and the aircraft is now almost three years late.

Air Canada was one of the early buyers, ordering the first of 37 in 2005 and expecting the first deliveries in 2010.

In January, Boeing said the first Dreamliner delivery will be in the third quarter of this year, clearing up fears about the schedule after a November electrical fire on a test flight threw the timing into doubt.

Before that, snags in the supply chain and labor disputes caused numerous delays.

Shares in Air Canada, which have been hit in recent days by investor fears over high fuel prices, closed down 1 percent at C$2.62 on the Toronto Stock Exchange. Boeing rose $1.16, or 1.6 percent, to $72.04 in New York.

(Reporting by Jeffrey Jones and Bill Rigby; editing by Rob Wilson)