Boeing CEO Jim McNerney says his company is confident the proposed fix for the batteries on its grounded 787 Dreamliner jet will work. WASHINGTON D.C., UNITED STATES (MARCH 28, 2013) (REUTERS) - Boeing has high confidence that the proposed fix for the lithium-ion batteries on its grounded 787 passenger jet will work, Chief Executive Officer Jim McNerney said on Thursday (March 28) The grounding has been a "frustrating experience," he added. Regulators grounded the 787 on January 16 after separate battery incidents on planes in Boston andJapan. That grounding has already cost the company an estimated $450 million in lost income and compensation payments to airlines. Boeing is now running test flights to prove the safety of its new battery system. A 787 Dreamliner took to the sky Monday (March 25) in the first of two flights designed to help show that the new lithium-ion battery system meets regulatory safety standards. The airplane took off at approximately 12:11 am Pacific Time (8:11 am GMT) from Paine Field in Everett, Washington on a two-hour flight. Shares of Boeing are up 16 percent since the 787 was grounded. Most of that gain came over the last month as the 787 moved closer to flying again. |
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