The Boeing Company (NYSE:BA): Current price $77.28
All Nippon Airways has grounded all flights of the Boeing 787 Dreamliner until at least the end of May, according to the Telegraph. The move will see 1,700 flights called off and a total of 3,600 ANA flights impacted.
Boeing’s goal of putting its 787 Dreamliner in the air once more will require extensive testing before regulators will end the plane’s being grounded, said the FAA’s Administrator Michael Huerta, who explained, in the most detailed comments thus far on Boeing’s presentation of February 22nd, that it should be a very comprehensive proposal featuring multiple alterations created to address every possible cause of battery incidents that grounded the plane.
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