Tomahawk, WI 01/27/2014 (BasicsMedia) –  The Boeing Company (NYSE:BA) was gung ho at the time of launching its 787 Dreamliner however the dreamliner has faced technical glitches since day one of its launch although Boeing claims to have reduced most of its technical faults to make it more reliable but all these alterations have led to increase in the production cost of Dreamliner 787.

Boeing has taken up the challenge and has delivered the first The Boeing Company (NYSE:BA) 787 Dreamliner built at the rate of 10 airplanes per month, being the highest rate ever rate of production for a twin aisle plane and these airplanes being a 787-8 and the 155th Dreamliner built, will be delivered for operation by Aeromexico to International Lease Finance Corp.. Boeing Commercial Airplanes Vice president and General manager, Larry Loftis, has said that, “”This rate increase reflects the continued strong demand for the 787 and a disciplined approach that combined employee teamwork with technology was key to achieving the higher rate.”

Although Boeing is essentially an American company but its Dreamliner is mostly an outsourced passenger plane as by The Boeing Company (NYSE:BA)’s own admission only 35% production of Dreamliner takes place in the U.S. and almost 30% of the planes is manufactured in China and the rest 30% is manufactured in other countries like Italy, France, etc. Critics have mainly criticized Boeing for supplying its advanced and vital manufacturing technology developed by it over many decades to foreign suppliers in exchange for bulk booking orders for its Dreamliner. Japan has capitalized on Boeing’s callousness by agreeing to pay high prices for Boeing’s planes but in exchange they have coerced Boeing to part with its manufacturing technology so that Japan could itself manufacture planes like Boeing.

Furthermore, to add to The Boeing Company (NYSE:BA)’s woes its stock fell on DOW Jones owing to the fact that Boeing had supplied 787 Dreamliners to Norwegian Air Shuttle who has complained about flaws in the airplanes which would mean that Boeing would have to recall back those 115 Dreamliners supplied by it and pay compensation for damages caused to the airlines that purchased those planes which shall set a bad precedent for Boeing who aims to storm the airplanes sector with its improved version of 787 Dreamliner. However, keeping in view that the air passenger traffic has increased over the years there should be more demand for Boeing’s 787 Dreamliner which is one of the best fuel efficient planes in of its time.

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