Dreamliner Now a $3.5bn Nightmare for Boeing – The Times

Boeing has been knocked into the red by a $3.5 billion charge as it grapples with its problematic 787 Dreamliner programme, The Times reported, double a previous forecast.

Shares fell as much as 4.8% as Wall Street considered an overall price tag of some $5.5 billion. Boeing halted deliveries and cut manufacturing as regulators scrutinised repairs.

Read the full report: The Times

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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