Boeing sees no big impact from 787 woes, profit beats

NEW YORK, Wed Jan 30, 2013 — Boeing Co. posted a stronger-than-expected profit on Wednesday as its backlog of orders rose, and said its 2013 forecast “assumes no significant financial impact” from the grounding of its 787 Dreamliner jet by regulators.

Shares were up 1.6 percent at 74.80 in premarket trading.

Aviation safety agencies in the United States and Japan are investigating what caused lithium-ion batteries to burn on two 787 passenger jets earlier this month, prompting regulators to ground the planes worldwide.

Boeing said it is continuing to build the Dreamliner, but has halted deliveries, and analysts have raised concerns about the cost of the grounding and for fixing the battery problem on about 125 jets that Boeing has built so far.

“Our first order of business for 2013 is to resolve the battery issue on the 787 and return the airplanes safely to service with our customers,” said Boeing Chief Executive Jim McNerney.