Boeing trades more than its daily volume by 11 a.m. Eastern (BA)

Posted in General 
June 23rd, 2009

Boeing Co. (NYSE: BA) shares are trading about 7% lower on more than its normal day’s trading volume as of 11 a.m. Eastern. The aerospace giant announced this morning that first flight of the 787 Dreamliner will be postponed due to a need to reinforce an area within the side-of-body section of the aircraft. 

See 24/7WallSt.com for full details.

 

In the company’s ongoing conference call, the company said there are only a small number of changes engineers plan to make to the sides of the planes, and the modifications should allow it to go ahead with its flight test program. The company expects to have an updated timetable within the coming weeks.

Comments are closed

-->