Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Problems With Boeing's 787 Dreamliner

Details

  • Description

    Carter Leake of BB&T Capital Markets on Boeing’s safety concerns.

  • Duration 2:06
  • Date

Clips

Also in this playlist...

Markets Now

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Welcome.

Back everybody we're continuing to talk about -- in the problems with its 787 dreamliner -- joined by.

Connolly senior equity research analyst with the B -- C capital markets cut I noticed that you said that these problems could -- some kind of severe action from regulators as they get into this.

What kind of action -- that they.

Well the what are the issues that that we look at is the ability of the aircraft to fly long distances over water far away from alternate airports and that's really you know integral to -- to what the 787 is all about and so it's called.

It stands -- you know extended over water operations and so.

That you the electrical system and the reliability of the instances engines as well speak to you know -- -- that the granting of this and so.

As far as.

330 minute -- tops meaning you can beat 330 minutes from the closest airport is currently as we understand being delivered at a 180 minute.

The more issues that you have with either -- electrical system and you know and nor the engines which we think have been put to bad.

But still these issues are ones where regulators you know I think are watching very closely -- and it its authority that they can they can withdraw you know at any time.

If Boeing is forces slow down production cut of that would have an impact on cash flow wouldn't it would it not because.

The Kerry is -- buying these planes generally pay the bulk of their costs on deliveries so that could that have a big impact.

Well so.

I don't this is not at a level where Boeing is going to adjust production of Boeing is on path to build ten of these 787 per month that year end.

It would be far more expensive to slow down so that's what is somewhat the difficulty in aircraft manufacturing is that even if you.

Determine that you have some type of issue.

You keep the building.

Incorrectly and then you fix it after the fact so with regard to production rates.

Above borrowings can afford -- had great stuff -- expediency senior equity research analyst thank you so much for the information above we appreciate it.

Thank you.

Load More