Financial Times FT.com

Boeing warns delay pay-outs will hit 787 profit

By Hal Weitzman in Chicago

Published: April 23 2008 14:10 | Last updated: April 23 2008 21:18

Boeing said it assumed all 787 Dreamliner deliveries it expected to make next year – the first 25 aircraft – would not on average generate any profit for the company, because of negotiations with customers about compensation for the delays.

Jim McNerney, chief executive of Boeing, admitted on Wednesday that the aircraft-maker had “learnt a lot and have the scars to prove it” from the multiple delays to its 787 Dreamliner.

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