Article

2009-06-23 Science & Technology

Boeing 787 Dreamliner faces yet another delay

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Posted by GolfBravoUSMC 2009-06-23 14:31|| E-Mail|| Front Page|| [336070 views ] Top

#1 Original link site did not pay their bills. Here's the Pic.

Posted by GolfBravoUSMC 2009-06-23 15:45|| 2009-06-23 15:45|| Front Page Top

#2 Is that the cockpit or the gameroom?

Posted by Vinegar Crearong2947 2009-06-23 15:54|| 2009-06-23 15:54|| Front Page Top

#3 More Bad News For Boeing: Sea Launch Files For Bankruptcy
Commercial satellite-launch services provider Sea Launch, which is 40% owned by 787 on time manufacturer extraordinaire, Boeing, filed for bankruptcy last night in Delaware (09-12513). The Long Beach company which has used the Kazakhstan Baikonur Space Center for rocket launches in the past, has listed liabilities of over $1 billion.

What is hilarious is that just last week, the Company launched a $245 million one-year Term Loan underwritten by Citigroup. Is Citi doomed to have the worst luck of any investment bank for ever and ever? For what it's worth, Goldman only provides loans to soon to be bankrupt companies (ahem, Movie Gallery) if they file for chapter with at least a one month lag post refi (and long after the bank has syndicated the loan to unwitting, dimwitted credit PMs who have to generate 15% returns in 3 months or the Exit sign it is).

At least gullible investors in the recent TL issue (yielding between L+200-350) be happy that it is guaranteed by Boeing, which after its 5th 787 launch delay may be better off changing its business model to focus on making space ship launch pads.

Posted by tipper 2009-06-23 16:07|| 2009-06-23 16:07|| Front Page Top

#4 You fly it standing up with Nintendo Wii Nunchucks.

Posted by Bright Pebbles 2009-06-23 16:14|| 2009-06-23 16:14|| Front Page Top

#5 One would hope most of those overhead indicators don't require operating switches as most are out of reach unless you remove the seat belt and stand up.

Posted by tipover 2009-06-23 16:34|| 2009-06-23 16:34|| Front Page Top

#6 Where's the beerholder?

Posted by CrazyFool 2009-06-23 18:18|| 2009-06-23 18:18|| Front Page Top

#7 Same yoyos that tried to foist a POS Tanker off on the Air Force. Boeing used to build great aircraft, no so much anymore.

Posted by OldSpook 2009-06-23 23:40|| 2009-06-23 23:40|| Front Page Top

23:43 OldSpook
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