Boeing has delayed the rollout of its 787 Dreamliner many times since 2007. Although the first batch is scheduled for delivery in coming weeks, there are signs of ongoing difficulties.UBS gauged production volume by tracking flights of the 747 Dreamlifter — used to transport aeroplane parts — into Snohomish County Paine Field Airport, near the Dreamliner plant. Recently traffic has slowed to a standstill.
Analyst David Strauss says Boeing could face significant new delays: “We think the slow pace of structural component deliveries reflects supply-chain problems and rework necessary on early aircraft. Dreamlifter activity had been relatively consistent at 15-20 monthly arrivals into Everett since the Machinists strike in late 2008. However, activity has been slow since mid-2010 with Boeing now having halted component deliveries into Everett five times.”
UBS kept a neutral rating on Boeing in this morning’s report.