Boeing Jumbo Jet Seen at Risk for Delay in ‘Year of the 747’
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Boeing Co.’s plan to ship the first of its newest jumbo jets by mid-2011 as part of the “Year of the 747” risks another delay that would add to the 18-month setback for the plane, two analysts said.
The 747-8 “may miss its ‘near midyear’ delivery target by 6-8 weeks due to minor ‘issues,’” Cai Von Rumohr, a Cowen & Co. analyst in Boston, wrote in a May 20 note to investors. JPMorgan Chase & Co.’s Joseph Nadol said the same day he also sees a possible delay for the plane.