Aviation leader Boeing has been informed today that certain parts for the 787 Dreamliner were improperly manufactured – causing the stock price to slip 1.5% in the early hours of Thursday’s market open.
It seems like Boeing’s plans for the 787 Dreamliner haven’t gone quite as expected. The claim regarding poor manufacturing is the latest hindrance in a flurry of problems to hit the new airliner, throwing a spanner in the works for Boeing’s latest commercial endeavour.
The specifics of the parts have not been identified by the supplier, but there are rumours surrounding some parts that are ‘weaker’ than they need to be.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
A spokeswoman for Boeing assured the public this problem poses no direct safety threat:
“While our investigation is ongoing, we have determined that this does not present an immediate safety of flight concern for the active in-service fleet”
Plagued with problems, the new line of 787s manufactured over the last three years will await review by the U.S Federal Aviation Administration, the latest structural defect to put the brakes on normal levels of production – expecting to restart manufacturing in late October at the earliest.
The Boeing stock price is currently trading around the $218.70 mark, showing a small slip of 1.4% in the early hours of Thursday’s market.
Should You Invest in Boeing Shares?
One of the most frequently asked questions we receive is, “what stocks are best to buy right now?” It’s a wide-ranging question, but one that we have answered… Our AskTraders stock analysts regularly review the market and compile a list of which companies you should be adding to your portfolio, including short and longer-term positions. Here are the best stocks to buy right now