- The Boeing (BA) 787's reliability has improved to 98%, says company VP MIke Fleming, but it's still not good enough.
- "We're not satisfied with that reliability level of the airplane; the 777 today flies at 99.4%...and that's the benchmark that the 787 needs to attain," Fleming says.
- Fleming's comments follow a series of 787 incidents over the last year or so, the latest of which involved smoke risking from the battery.
- Meanwhile, Boeing and General Dynamics (GD) have agreed to pay the U.S. Navy $200M each in aircraft and services in order to settle a 23-year legal battle over the 1991 cancellation of the $4.8B A-12 stealth aircraft program.
Boeing: 787 reliability 98% but still needs to improve
Jan 24 2014, 03:59 ET