The 787 is delayed for the third time -- Airbus says HA!

Chicago based airframe manufacturer Boeing announced the third delay to their 787 Dreamliner this week, in a move that many industry analysts have been predicting for several weeks now. I guess things haven't been coming together as fast as they had expected.

This time around, corporate has put sloppier dates on their milestones so that they can be more flexible on their timing and hopefully won't miss any further checkpoints -- multiple customers are relying on these timetables and it has been well publicized that Boeing often has to pay stiff penalties for being behind.

First flight has thus now been pushed back to the the fourth quarter of this year, with the first delivery scheduled in the third quarter of 2009. CEO Scott Carson boasted about the company's achievements earlier in the week, conceding, however that "... the traveled work situation and some unanticipated rework have prevented us from hitting the milestones we laid out in January. Our revised schedule is built upon an achievable, high-confidence plan for getting us to our power-on and first-flight milestones"

Let's hope that this schedule is actually achievable.

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