Boeing delays delivery of 747-8

Tools

Story Published: Nov 14, 2008 at 8:28 AM PST

Story Updated: Nov 21, 2008 at 4:42 AM PST

By Associated Press

EVERETT, Wash. (AP) - Boeing Co. said Friday it is delaying the production and delivery of 747-8 freighter and intercontinental airplanes.

The first freighter deliveries will be completed in the third quarter of 2010 instead of late 2009 as previously forecast. The first intercontinental passenger deliveries will be completed in the second quarter of 2011 instead of late 2010.

The postponement was caused by supply chain delays because of design changes, limited availability of engineering resources at Boeing and a recent machinists strike.

Boeing consulted with suppliers in revising the production and delivery schedule.

Shares of the company fell $1.65, or 3.8 percent, to $41.51 in premarket activity.

Weather & Traffic

Current Temp 48.0 °F

Mostly Cloudy

More Weather

Traffic

Upload directly from your mobile device. Learn how

On Demand

Watch ABC Shows

Catch up with your favorite shows online.

Stay Connected

YouNews

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.