Boeing (BA) Higher as 'Final Measure' 787 Flight Nears Completion
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Price: $214.69 -1.18%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.4%
EPS Growth %: +77.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.4%
EPS Growth %: +77.4%
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Boeing (NYSE: BA) is firmly in positive territory Friday afternoon as the company is conducting a test of its 787 Dreamliner with a new battery design. The flight is seen as the final measure before Federal Aviation Officials start to review data, which investors will hope leads to clearance for 787s to fly.
This test will prove that the battery design can perform under normal and non-normal flying conditions, according to a Boeing spokesperson.
The 787 has been grounded since January 16th following several events surrounding the battery pack on the aircraft. Events happened with Japan Airlines and Air Nippon aircraft.
Completion of the test is set for around 4:00pm EDT (1pm PDT).
Boeing is up 1.4 percent.
This test will prove that the battery design can perform under normal and non-normal flying conditions, according to a Boeing spokesperson.
The 787 has been grounded since January 16th following several events surrounding the battery pack on the aircraft. Events happened with Japan Airlines and Air Nippon aircraft.
Completion of the test is set for around 4:00pm EDT (1pm PDT).
Boeing is up 1.4 percent.
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