The first customer for Boeing’s new 787 is scheduled to fly away with the plane on Tuesday. It's a long-awaited milestone for Boeing after three years of delays for the all-new model.All Nippon Airways signed delivery documents on Sunday, and Boeing planned to hold a delivery ceremony Monday.
Investors dumped shares in major Chicago companies on Thursday, amid increasing concern the economy has lost steam. Boeing Inc. shares fell 6.3 percent. Walgreen Co. dropped 2.8 percent and OfficeMax Inc. plunged 10 percent.The Dow closed with a loss of 513 points, or 4.3 percent, to 11,384.
Chicago-based Boeing will deliver the first of its much-delayed 787 wide-bodied jets to All Nippon Airways as early as August. All Nippon is the first customer scheduled to receive the planes.All Nippon Airways expects to have a total of 14 of the planes by next March.
A congressional committee plans a hearing in South Carolina this month over a federal labor lawsuit that claims Boeing Co. moved manufacturing facilities from Washington state to North Charleston to avoid unionized workers. The U.S.