Boeing 787 Battery Fix Nears Approval

by Christopher Freeburn | April 19, 2013 10:12 am

Boeing 787 Battery Fix Nears Approval

787dreamliner 300x188 Boeing 787 Battery Fix Nears Approval[1]Sources tell the Wall Street Journal that Boeing (NYSE:BA[2]) could receive Federal Aviation Administration (FAA) approval of a new battery containment system[3] for its troubled 787 Dreamliner jets as early as Friday.

Boeing has apparently convinced the FAA that the containment system is sufficient to prevent further problems with the jet’s lithium-ion batteries[4]. Those batteries were linked to a series of problems that led to emergency landings and a fire on board one 787 at Boston’s Logan Airport.

In the wake of those incidents, the FAA grounded all 787 Dreamliners[5]. Other aviation regulators around the world quickly followed.

Since then, Boeing has worked furiously to identify the problem and find a solution. Last month, Boeing tested the new battery containment systems[6] on Dreamliner jets in a series of test flights.

Once the FAA clears the planes for refitting, other aviation authorities worldwide will likely follow suit.

The National Transportation Safety Board (NTSB) will hold public hearings about the Dreamliner’s battery systems, and the process that approved them back in 2007, next week.

Shares of Boeing rose almost 2% in Friday morning trading.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2013/01/787dreamliner.jpg
  2. BA: http://studio-5.financialcontent.com/investplace/quote?Symbol=BA
  3. of a new battery containment system: http://online.wsj.com/article/SB10001424127887324493704578431153970240928.html
  4. lithium-ion batteries: http://investorplace.com/2013/01/boeing-787-battery-maker-cleared-so-far/
  5. grounded all 787 Dreamliners: http://investorplace.com/2013/01/faa-steps-in-and-grounds-troubled-boeing-787s/
  6. tested the new battery containment systems: http://investorplace.com/2013/03/faa-oks-boeings-battery-plans/

Source URL: http://investorplace.com/2013/04/boeing-787-battery-fix-nears-approval/
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