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The Boeing Company (NYSE:BA): Closing price $75.14
In view of this week’s equipment failures on the firm’s Dreamliners, Boeing released a statement on Friday. Here is a portion: “Boeing is confident in the design and performance of the 787. It is a safe and efficient airplane that brings tremendous value to our customers and an improved flying experience to their passengers. The airplane has logged 50,000 hours of flight and there are more than 150 flights occurring daily. Its in-service performance is on par with the industry’s best-ever introduction into service the Boeing 777. Like the 777, at 15 months of service, we are seeing the 787′s fleet wide dispatch reliability well above 90 percent.”
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