Jan. 17 (Bloomberg) -- All Nippon Airways Co., scheduled to be the first recipient of Boeing Co.'s 787 plane, and Japan Airlines Corp. may seek compensation from the planemaker after a second delay in the aircraft's delivery.

All Nippon, with 50 planes on order, will examine the effect of the delay on its expansion plans before making a decision, said Rob Henderson, a spokesman for the airline in Tokyo. Japan Air, which has ordered 35 planes, has not ruled out seeking compensation, said spokesman Atsushi Abe.

Boeing won't start deliveries of the 787 until early 2009 after suppliers failed to complete production work on time. The plane's setbacks echo the two-year delay that Airbus SAS suffered with the introduction of the A380, forcing the planemaker to compensate airlines.

``The situation is reminiscent of the delay of Airbus's A380,'' said Osuke Itazaki, an analyst in Tokyo at Credit Suisse Group. ``The amount of compensation All Nippon and Japan Air get has to be set against the lost opportunity of not getting the planes on time.''

Chicago-based Boeing has 817 orders to date for the 787 Dreamliner, valued at over $120 billion at list prices.

All Nippon was supposed to take delivery of the first plane in May. The airline plans to fly the new aircraft from its base in Tokyo's Haneda airport. The expansion of the airport has also been delayed by a year until 2010 because of objections by local businesses.

Haneda Expansion

``The key will be how it affects our plans for expansion with the opening of Haneda's fourth runway,'' said All Nippon's Henderson. ``We will work with Boeing on the revised schedule and decide how to proceed from there.''

All Nippon rose 0.7 percent to 409 yen as of the 3 p.m. close in Tokyo. Japan Air gained 3 percent to 243 yen.

All Nippon hasn't received a delivery date for its first plane from Boeing and doesn't know what the effect will be yet, said Henderson. The carrier will release its new mid-term business plan on Jan. 31.

Qantas Airways Ltd's Jetstar unit's expansion will also be affected by the delay of the planes. Qantas may also seek compensation, the Australian airline said in a statement today.

Air China Ltd., China Eastern Airlines Corp., China Southern Airlines Co., Hainan Airlines Co., Shanghai Airlines Co. and Korean Air Lines Co. have all not received any notice from Boeing about the 787 delays, according to the companies. They have all ordered the aircraft.

Airbus paid Qantas A$104 million ($92 million) in compensation for the delay of the A380. It also gave Thai Airways International Pcl discounts and gave unspecified compensation to Air France-KLM Group and Singapore Airlines Ltd.

Airbus had a 572 million euro ($838 million) loss in 2006, stemming from the A380 production woes and the company is cutting 10,000 jobs.

All Nippon, Japan's second-largest airline by sales, has ordered the aircraft to help cut fuel costs, its biggest expense.

To contact the reporter on this story: Chris Cooper in Tokyo at ccooper1@bloomberg.net

Last Updated: January 17, 2008 02:41 EST