Categories: OLD Media Moves

Boeing coverage is lacking

TheStreet.com media critic Marek Fuchs doesn’t understand why the business media is giving Boeing a pass by not questioning the company’s earnings projections after it announced another delay in the launchy of its Dreamliner jet.

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  • At this point with all the delays the 787 has had already, the media may be suffering from delay fatigue.

    That's too bad because this latest delay is potentially one of the most serious. After all when an engine blows up in a Rolls Royce test lab, damaging the test bed in the process, that does not exactly buoy confidence in the aircraft's flying ability. Fortunately for Boeing the engine that blew was in a lab. If it had been on one of the test 787s and it happened during a test flight, which surely would have resulted in the destruction of the aircraft and the deaths of whoever was onboard, Boeing's stock would have cratered.

    Not that Airbus can start cackling just yet. Their A350 project has plenty of delays of its own going on and some say Airbus' production path to commercial flight for the A350 is even more screwed up than Boeing's 787 production path is.

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