Dreamliner

This has been a bad couple of months for Boeing Co.'s 787 Dreamliner, but not for the company's stock price. Despite the January grounding of the Dreamliner by the Federal Aviation Administration, investors drove up shares of the aircraft maker to territory it had not seen since 2008. Boeing stock is up about 14% this year. FULL COVERAGE: Boeing's troubled Dreamliner The upswing has been fueled by confidence that the Dreamliner will soon be cleared to resume passenger flights, a move that would allow Boeing to deliver 787s to carriers worldwide.

Boeing Co., despite its flagship airliner being clipped by federal regulators, is still one of Wall Street's highfliers. The Chicago company reported that first-quarter profit surged 20% from the year-ago period, handily beating analysts' projections. Investors have also been snapping up Boeing's stock, sending shares up 20% this year to $90.83 on Wednesday. And perhaps most important, Boeing is preparing to restart deliveries next week of its troubled 787 Dreamliner for the first time in three months.

Cruising speed: 567 mph, 37 mph faster than the Boeing 767 Top speed: 593 mph Price: About $200 million Seating: 210 to 290 passengers Dimensions: 8 feet, 2 inches high and 17 feet, 3 inches wide, 15 inches higher than the 767 and 2.5 feet wider Cabin features: More legroom, bigger overhead luggage bins Windows: Three inches larger, with buttons to dim outside light, replacing window shades ...

The National Transportation Safety Board began a two-day investigative hearing in Washington into a fire that broke out on Boeing Co.'s 787 Dreamliner passenger jet because of overheating in its lithium-ion battery systems. The NTSB still hasn't found a root cause of the fire that occurred Jan. 7 at Boston's Logan International Airport. Ahead of the hearing Tuesday, the board issued hundreds of pages of documents that show five years of history in the development and design approval of the battery system.

Re "FAA grounds entire fleet of Boeing 787s," Jan. 17 Although the recent incidents with Boeing's 787 are concerning, this is not the end of the Dreamliner. Mandatory groundings and airworthiness directives from the Federal Aviation Administration have been issued on many aircraft that have gone on to have successful flying careers. Consider the required modifications to the wings of the McDonnell Douglas DC-10, rudder problems on the Boeing 737 in the mid-1990s and, most recently, wing cracks on the Airbus A380.

The biggest mistake people make when talking about the outsourcing of U.S. jobs by U.S. companies is to treat it as a moral issue. Sure, it's immoral to abandon your loyal American workers in search of cheap labor overseas. But the real problem with outsourcing, if you don't think it through, is that it can wreck your business and cost you a bundle. Case in point: Boeing Co. and its 787 Dreamliner. The next-generation airliner is billions of dollars over budget and about three years late; the first paying passengers won't be boarding until this fall, if then.

For the first time, Japanese airline All Nippon Airways took to the skies carrying paying passengers aboard the world's first Boeing 787 Dreamliner. The much-anticipated passenger flight Wednesday was a charter trip from Narita, near Tokyo, to Hong Kong that took about four hours. The 787 Dreamliner is an all-new commercial jetliner that Boeing Co. says is the most advanced, fuel-stingy passenger jet ever made. It features a suite of new technologies, such as the largest windows on a commercial jetliner and the extensive use of strong, lightweight carbon composites rather than sheets of aluminum.

Dreamliners began their third week on the ground Thursday as investigators continued to study lithium-battery systems that burned on two 787s. The Wall Street Journal reports that investigators have not found any problems with the design, manufacture or installation of the batteries or with circuitry that is supposed to forestall danger of fire. Boeing is continuing to build 787s, but will not deliver them until the investigation is over. . . . . The lowest international winter fares are up only 2% compared with a year ago, TransAtlanticReport.com says.  But low fares for April and May are up at least 6% . . . . John Wayne Airport says passenger traffic in 2012 increased 2.9% compared with 2011.

Boeing Co's new 787 Dreamliner touched down in Britain on Sunday on its first trip outside the United States, thrilling hordes of eager planespotters who came out to see the breakthrough carbon-composite plane. A media circus ensued as Boeing executives, including CEO Jim McNerney, emerged smiling from the plane, though McNerney did not actually fly to England with the plane, instead getting on board after landing. Social media was active with blow-by-blow coverage of the arrival, pointing to the intense interest in the plane not only within the business but also in the flight-enthusiast community.

LONDON -- European air-safety officials followed their American counterparts' lead Thursday by grounding Boeing 787 Dreamliner jumbo jets after a series of worrisome incidents aboard the new aircraft. The European Aviation Safety Agency, or EASA, announced that it was adopting the Federal Aviation Administration's directive, issued Wednesday, ordering all 787s taken out of service. Jeremie Teahan, a spokesman for the EASA, said the action was taken "to ensure the continuing airworthiness of the European fleet.

This has been a bad couple of months for Boeing Co.'s 787 Dreamliner, but not for the company's stock price. Despite the January grounding of the Dreamliner by the Federal Aviation Administration, investors drove up shares of the aircraft maker to territory it had not seen since 2008. Boeing stock is up about 14% this year. FULL COVERAGE: Boeing's troubled Dreamliner The upswing has been fueled by confidence that the Dreamliner will soon be cleared to resume passenger flights, a move that would allow Boeing to deliver 787s to carriers worldwide.

NEW YORK -- The broad Standard & Poor's 500 index broke a half-decade-old record, another sign of stocks' continuing rally this year. The S&P 500 added 6.34 points, or 0.41%, to 1,569.19 Thursday, the last trading day of the first quarter. The S&P 500 fell short of its all-time intra-day high of 1,576.09, however. The index reached its previous all-time closing of 1,565.15 on Oct. 9, 2007, only weeks before the Great Recession officially began. The next year's financial crisis led the stock market to its low in March 2009.

Divorce can hurt the pocketbook in ways that some people don't expect. Lost income, child support, spousal support all hurt. But there are other ways that divorce affects finances, said Samantha Fraelich, vice president of Bernard R. Wolfe & Associates, a Chevy Chase, Md., wealth management firm. Here are five of them: Legal expenses: Be prepared to spend thousands of dollars on legal expenses, even if the divorce is amicable. If it's contested, expect to spend much more.

With a new plan to fix the problem-plagued lithium-ion battery systems on its grounded 787 Dreamliner passenger jets, Boeing Co. said the fleet should be airborne again within weeks. The aerospace giant's plan to fix to the 787 battery system involves insulating and spacing out parts, reducing charging levels so the battery cannot be overcharged and enclosing the lithium-ion batteries in stainless-steel cases so very little oxygen can get at them. FULL COVERAGE: Boeing's troubled Dreamliner Boeing revealed its planned fixes Friday morning in Tokyo (Thursday night Pacific time)

Industrial production in the U.S. rebounded last month, rising 0.7% -- the most in three months -- with auto manufacturing leading the way, the Federal Reserve said Friday. Manufacturing output also rose in February, increasing by 0.8%. Last month's manufacturing output stands 2% higher compared with the same period a year earlier. "Growth has clearly picked up," Jim O'Sullivan, chief U.S. economist at High Frequency Economics, said in a note to clients. "This is another positive sign" for the economy in the January-March quarter.

Boeing Co. said its planned fixes for the issues with its lithium-ion battery systems on the 787 Dreamliner passenger jet removes any related risk of a fire breaking out.   Speaking to reporters from Tokyo, Boeing officials addressed concerns about its new flagship jet, which has been grounded worldwide since Jan. 16 after two incidents within two weeks involving the battery systems. FULL COVERAGE: Boeing's troubled Dreamliner Boeing's plan to fix to the 787 battery system involves insulating and spacing out parts, reducing charging levels so the battery cannot be overcharged and enclosing the lithium-ion batteries in stainless-steel cases so very little oxygen can get at them.

Days after a fire was found on a new Boeing 787 Dreamliner when it landed in Boston, U.S. regulators announced plans today for a sweeping review of the plane's design and assembly processes. The next-generation Dreamliner has been plagued with problems during its conception and rolled out years behind schedule. "We are confident about the safety of this aircraft," said Michael Huerta, head of the Federal Aviation Administration. "But we're concerned about these incidents and will conduct a review until we are completely satisfied.

After three weeks of being grounded due to safety concerns, the Federal Aviation Administration has allowed Boeing Co. to begin limited flight test activities with its 787 Dreamliner passenger jet. The principal purpose of the upcoming test flights will be to collect data about the plane's lithium-ion battery and electrical systems while the aircraft is airborne, the FAA said . The 787 has been grounded since Jan. 16 by the FAA because of...

With the Boeing 787 Dreamliner fleet grounded by the Federal Aviation Administration, United Airlines said it is keeping the beleaguered aircraft off its flight schedule through June 5. “We are taking the 787 out of our schedule through June 5, except for Denver-Narita, which will tentatively launch on May 12,” said Christen David, a spokeswoman for the airline. United, the only U.S. carrier that has 787s in its fleet, has six of the planes. Boeing has delivered 50 787s to eight airlines worldwide.

Japan's investigation into a burning lithium-ion battery aboard a Boeing 787 Dreamliner flight found it was improperly wired, according to an Associated Press report . The country's Transport Safety Board had been looking into the circumstances that led the All Nippon Airways flight to make an emergency landing in southwestern Japan. All 137 passengers and crew were evacuated from the aircraft and slid down the Dreamliner's emergency slides. Video of the event captured by a passenger has been viewed worldwide.