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More Headaches for Boeing, 787 Delays...

The_TimThe_Tim
edited July 2009 in The Economy
Yesterday: Boeing's credit rating lowered one notch by S&P
Standard & Poor's cut its ratings for the Boeing Co. and its finance arm on Wednesday, noting concerns about delays in Boeing's 787 program as well as slowing air traffic and declining U.S. defense spending.

S&P downgraded Boeing Co. and Boeing Capital's credit to "A" from "A+" on Wednesday.
Today: Boeing 787 wing flaw extends inside plane
The wing damage that grounded Boeing's new composite 787 Dreamliner occurred under less stress than previously reported — and is more extensive.

An engineer familiar with the details said the damage happened when the stress on the wings was well below the load the wings must bear to be federally certified to carry passengers.

In addition, information obtained independently and confirmed by a second engineer familiar with the problem shows the damage occurred on both sides of the wing-body join — that is, on the outer wing as well as inside the fuselage.
That can't be good.
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