Boeing Co.'s (NYSE: BA) recovery continues from the battery fire debacle that involved its 787 Dreamliner. Several airlines that fly the plane have put it back into service now that it appears that the issue has been resolved. And the FAA has blessed the Boeing fix. But Boeing still may be liable for the losses some carriers had because the 787 had to be taken out of service.
Fox Business says of the resumption of 787 Dreamliner flights:
State-run Air India Ltd will resume flying its Boeing Co 787 Dreamliner passenger jets from Wednesday, Civil Aviation Minister Ajit Singh said on Tuesday, almost four months after the planes were grounded due to safety concerns.
Air India has six Dreamliners and has ordered 21 more. The planes have been grounded worldwide since January following incidents of overheating in the batteries providing auxiliary power. Boeing has since worked to develop new battery housings to prevent a repeat of the incidents.
Air India will start a Dreamliner domestic flight on Wednesday and will start international flights on May 22, Singh told reporters, adding that all six of its Dreamliners would be ready for flying by the end of the month. Air India would also acquire eight more Dreamliners by December, he added.
Filed under: 24/7 Wall St. Wire, Aerospace, Airlines Tagged: BA