Boeing struggles to find buyers for early version Dreamliners

Even as Boeing (NYSE:BA) tallies record orders for its commercial jets, it is struggling for find buyers for ~10 of its new 787 Dreamliners; two customers this month canceled orders for nine of the planes, and finding new buyers could be increasingly tough without steep discounts, analysts say.

The jets come from a batch of early 787s built in 2009-10, and they have design shortcomings that make them less efficient than more recently constructed units of the advanced Dreamliner.

The remaining jets could still find buyers at the right price, but their performance limitations and potentially low resale value could prove a deterrence; a possible destination is with business jet operators or governments, which tend to be less sensitive to performance issues.

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Comments (13)
  • GarryGR
    , contributor
    Comments (354) | Send Message
    Question is, how many of these early production 787s are left to be sold? Without knowing that, I don't see how one can determine the significance of this story? Does the ~10 787s include the cancellation of 9 787s?
    29 Aug 2014, 06:04 PM Reply Like
  • Anonymous Vol trader
    , contributor
    Comments (540) | Send Message
    If they built them 4-5 years ago, they aren't really what you would call new... Why do they even still have them on balance sheet?
    29 Aug 2014, 06:12 PM Reply Like
  • User 509088
    , contributor
    Comments (1769) | Send Message
    ok. five bucks a piece. and a 50% off gas card.


    29 Aug 2014, 06:16 PM Reply Like
  • Lazydazer
    , contributor
    Comments (10) | Send Message
    Garry, there are 13 early production 787s available; line numbers 5, 6, 10-19, and 22. Line nbrs 5 & 6 were test acft with 6 reportedly scheduled for the Mexican AF. It is currently under change incorporation. The rest are TBD. The cancelled acft were from later -8 deliveries (for Qantas I believe) and will probably be reinstated as -9s or -10s in the future. No connection between the two groups of acft.
    29 Aug 2014, 06:35 PM Reply Like
  • farstud
    , contributor
    Comments (267) | Send Message
    Just sell them to Iran. Poor guys are still flying those sh*tty Russian Tupolevs with 40 year old creaky parts...
    29 Aug 2014, 07:08 PM Reply Like
  • combie
    , contributor
    Comments (102) | Send Message
    Those early ones, (up to line 48) have tear-able pedigree and had much trouble with trace-ability and control of parts from the sub-tiers. Boeing convinced themselves those planes are fine, but the customers all know what went on and Boeing will "discount" for quite a while. They still have supply chain issues to resolve.
    29 Aug 2014, 10:11 PM Reply Like
  • alpine
    , contributor
    Comments (2144) | Send Message
    Could these planes have serious safety issues, if so, in the interest of BA's pre-787 blue chip reputation, it might be best for the company to just "park" them.
    30 Aug 2014, 07:37 AM Reply Like
  • ILoveJanelle
    , contributor
    Comments (20) | Send Message
    Better yet ... offer them to Hawaiian with a SUPER discount as the distance will not be an issue US to/fr HI and HI to/fr Asia so good mix ... AND knock off Airbus with the A330NEO! If Boeing could discount enough and place those 8 or 9 birds with Hawaiian and pay the AB penalties ... what a coup!
    30 Aug 2014, 11:05 AM Reply Like
  • jp186
    , contributor
    Comments (413) | Send Message
    I'll take 3 of them, where do I place a bid?!
    31 Aug 2014, 10:13 AM Reply Like
  • BHT
    , contributor
    Comments (36) | Send Message
    Sell them to Air Vietnam for domestic routs.
    31 Aug 2014, 02:08 PM Reply Like
  • mydogmoe
    , contributor
    Comments (1437) | Send Message
    It's not like they are bananas. They won't rot. You won't have to make pudding out of them. Put the right price on them and they are off the books...
    31 Aug 2014, 06:12 PM Reply Like
  • jp186
    , contributor
    Comments (413) | Send Message
    I bid $15 for the lot - Don't know where I'll put them but I'll take them off BA's hands hahaha!
    1 Sep 2014, 07:12 AM Reply Like
  • M31
    , contributor
    Comments (24) | Send Message
    Boeing has already taken a $2.9B write off on these planes in 2009. It should have a positive effect on the bottom line over the next few years. Prospective buyers keep changing their mind, and canceling the order. For more info on this, see the WSJ weekend edition.
    2 Sep 2014, 07:38 AM Reply Like
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