United Grounds Boeing 787s Through June 5

But that could change if a fix is found for the troubled jet

   

United Continental nose plane 630 flickr 300x207 United Grounds Boeing 787s Through June 5Airlines continue to rework their flight schedules around the continued grounding of Boeing‘s (NYSE:BA) 787 Dreamliner jets.

On Thursday, United Airlines (NYSE:UAL) announced that it has removed the plane from its scheduled flights at least until June 5. The airline is also delaying the debut of a new Denver-to-Tokyo route from March 31 until May 12, at the earliest. However, 787s could return to the airline’s schedule earlier, if a fix is found, a spokesman told the Associated Press.

boeing plane 630 flickr 200x200 United Grounds Boeing 787s Through June 5
$11 Billion Merger to Create World’s Largest Airline

Last month, aviation regulators around the world grounded the new high-tech jet after series of malfunctions led to emergency landings and a fire in the underbelly of a 787 at Boston’s Logan airport.

Boeing has scrambled to identify the cause of the problem, which is believed to stem from the plane’s lithium-ion batteries.

Shares of United Airlines rose fractionally in Friday morning trading.


Article printed from InvestorPlace Media, http://investorplace.com/2013/02/united-grounds-boeing-787s-through-june-5/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.