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UPDATE: Boeing (BA) 787 Catches Fire in Boston; May Have Been Electrical Issue

January 7, 2013 11:39 AM EST
(Updated - January 7, 2013 11:57 AM EST)

Boeing Co. (NYSE: BA) shares are lower on the session following earlier reports that a 787 Deamliner caught fire at Boston's Logan International Airport. Smoke was reported at 10:45am EST Monday and no one was injured.

No speculation has been made over what caused the fire. This is said to be the fourth incident for the 787 over the past several months.

UPDATE - Boston.com is reporting that a mechanic noticed smoke and altered Massport Fire Department. The fire was in a compartment housing batteries and other electrical components.

The fire has since been put out.

Japan's GS Yuasa was the supplier of lithium ion batteries on the 787 Dreamliner.

Boeing is down 1.7 percent.


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