Tag Archives: FAA

Computer Glitch Grounds American Airlines

By John Johnson American Airlines will be out of commission until at least 5pm Eastern because of computer problems with its reservation system, reports the Wall Street Journal . At the airline’s request, the FAA ordered a halt to all its flights nationwide. The delay could go longer if the problem isn’t resolved. The…

From: http://www.newser.com/story/166343/computer-glitch-grounds-american-airlines.html

Boeing 737 Problem Extends String of Aircraft Dangers

By 24/7 Wall St.

Filed under:

Boeing Co. (NYSE: BA) 737 aircraft need to go through an inspection process. That process includes about 1,000 planes, and the problem is serious, which means the aerospace company faces another black eye due to what appears to be design problems. This time, the issue is very serious. It is time for a change in management at Boeing to show the company wants to solve its manufacturing problems and regain something of its reputation.

According to the Federal Register, the FAA reported:

We are adopting a new airworthiness directive (AD) for all The Boeing Company Model 737-600, -700, -700C, -800, -900, and -900ER series airplanes. This AD was prompted by reports of an incorrect procedure used to apply the wear and corrosion protective surface coating to attach pins of the horizontal stabilizer rear spar. This AD requires inspecting to determine the part number of the attach pins of the horizontal stabilizer rear spar, and replacing certain attach pins with new, improved attach pins. We are issuing this AD to prevent premature failure of the attach pins, which could cause reduced structural integrity of the horizontal stabilizer to fuselage attachment, resulting in loss of control of the airplane.

“Loss of control” is a phrase that will cause anxiety among both carriers and passengers. Boeing’s reputation with both those groups already has been undermined by widely covered battery problems in the company’s brand new 787 Dreamliner.

Boeing has lost control of its production and quality control functions, as the problems with the two planes show. In some ways, the 737 issue is the greater of the two because so many hundreds of the planes are already in service.

The news about the 737 will place even more pressure on the Boeing board to question the tenure of chairman and CEO W. James (Jim) McNerney Jr. While Boeing’s planes cause more and more trouble to the airline industry, the company’s corporate public relations reaction has not addressed the safety issue at all. Rather, the company has focused on it position as a global “innovator” and role as a good “corporate citizen.” All the while, airlines have had to cope with the grounding of the 787, and now will need to go though the disruptions of 737 inspections, and whatever future problems that process could bring.

Boeing’s 737 problems will once again erode the flying public’s confidence in the safety of its planes.

Boeing’s core airplane manufacturing and design functions are appropriately under siege. Someone needs to take responsibility for the breakdowns. After years of being protected by his board, McNerney should be taken to task.

Filed under: 24/7 Wall St. Wire, Aerospace, Corporate Governance Tagged: BA

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From: http://www.dailyfinance.com/2013/04/15/boeing-737-problem-extends-string-of-aircraft-dangers/

FAA Foot-Dragging on Rule to Prohibit Texting and Flying

By John Goglia, Contributor

With so much focus on accidents related to texting and driving, why would the FAA delay a rule that would prohibit texting in the nation’s airline cockpits?  It doesn’t take an aviation safety expert to figure out that texting and flying – like alcohol and flying – don’t mix.  Concern mounted on the fatal consequences of electronic distractions in the cockpit as a result of the NTBS’s finding this week that the  crash of a medical helicopter August 26, 2011 was due in part to the pilot’s texting while flying, including seven texts during critical phases of the flight.  Four people died in the crash.

From: http://www.forbes.com/sites/johngoglia/2013/04/13/faa-foot-dragging-on-rule-to-prohibit-texting-and-flying/

Presidential Memorandum — Presidential Determination on Syria Drawdown

By The White House

MEMORANDUM FOR THE SECRETARY OF STATE

THE SECRETARY OF DEFENSE

SUBJECT: Drawdown Pursuant to Section 552(c)(2)of the Foreign Assistance Act of 1961 of up to $10 Million in Commodities and Services from any Agency of the United States Government to the Syrian Opposition Coalition (SOC) and the Syrian Opposition's Supreme Military Council (SMC)

Pursuant to the authority vested in me as President by the Constitution and the laws of the United States, including section 552(c)(2) of the Foreign Assistance Act of 1961, as amended (FAA), 22 U.S.C. 2348a, I hereby determine that:

(1) as a result of an unforeseen emergency, the provision of assistance under chapter 6 of part II of the FAA in amounts in excess of funds otherwise available for such assistance is important to the national interests of the United States; and

(2) such an unforeseen emergency requires the immediate provision of assistance under chapter 6 of part II of the FAA.

In addition, pursuant to the authority vested in me as President by the Constitution and the laws of the United States, including section 614 of the FAA, I hereby determine that it is important to the security interests of the United States to furnish this assistance to the SOC and the SMC without regard to any other provision of law within the purview of section 614(a)(1) of the FAA.

I therefore direct the drawdown of up to $10 million in nonlethal commodities and services from the inventory and resources of any agency of the United States Government to provide food and medical supplies to the SOC and the SMC for distribution to those in need.

The Secretary of State is authorized and directed to report this determination to the Congress, to arrange for its publication in the Federal Register, and to coordinate execution of this drawdown.

BARACK OBAMA

From: http://www.whitehouse.gov/the-press-office/2013/04/11/presidential-memorandum-presidential-determination-syria-drawdown

Boeing Stock to Get Airborne With Expansion?

By Rich Duprey, The Motley Fool

Filed under:

Boeing is obviously anticipating its 787 Dreamliner getting aloft again as it is making plans to expand its South Carolina facilities with a $1 billion investment that will add another 2,000 workers.

It’s finer in Carolina
It was its plan to open a second manufacturing plant there in 2011 that riled up the machinists union in Puget Sound, Wash., because South Carolina is a right-to-work state. The union got the National Labor Relations Board to tip its hand on its biases as it opposed the move by saying Boeing was being punitive. The union had gone on strike four times in 10 years, costing the plane maker billions and the move was viewed as retaliation despite no jobs in Washington being affected.

The NLRB subsequently withdrew its complaint after the union was able to extract higher wages and unusual job security agreements in its contract negotiations with Boeing. Of course, that doesn’t mean it will ever expand in Washington again, particularly since the Carolinas offer a much more attractive, lower-cost proposition.

Boeing employs 6,700 workers at the North Charleston facility already and anticipates adding 1,000 engineers and 1,000 IT specialists by 2020. It will receive $120 million in incentives from the state for up-front expansion costs such as utilities and site preparation. South Carolina provided some $900 million in incentives last time to encourage Boeing to expand there.

Ground cover
Yet the Dreamliner fleet is still grounded, awaiting FAA approval for the technologically advanced plane to fly again after its lithium-ion batteries overheated and caught fire in January, causing regulatory overseers worldwide to order the planes grounded. While none of the problem batteries came out of its South Carolina facilities, Boeing has completed its final tests with FAA officials and now just needs their OK to taxi back onto the runway.

Customers have largely held firm with their orders, waiting to see the result of the tests. Yet rival Airbus is making headway in grabbing those who need planes without delay. It recorded orders for 431 planes in the first three months of 2013, well beyond the 193 orders Boeing notched. Of course, if Ryanair comes through with its expected 175 plane orders for Boeing, that would make the race much closer.

Egads, EADS!
Boeing’s expansion announcement came a day after Airbus broke ground on a new commercial plane assembly facility in Alabama, suggesting that it wants to compete head-to-head with its rival for defense business, too. Boeing has its missile and defense systems headquarters in that state.

Despite its woes with the 787, Boeing stock now stands 17% higher than where it began the year and more than a third higher than its 52-week lows. As it appears, it’s more a question of when the FAA will sign off on the jumbo jet taking flight again as opposed to if Boeing’s stock might just gain even greater altitude.

Hanging around the hangar

Boeing operates as a major

Source: FULL ARTICLE at DailyFinance

Kaman Corp. Announces Release Date for First Quarter 2013 Earnings

By Business Wirevia The Motley Fool

Filed under:

Kaman Corp. Announces Release Date for First Quarter 2013 Earnings

BLOOMFIELD, Conn.–(BUSINESS WIRE)– Kaman Corp. (NYS: KAMN) announced today that it will report its first quarter 2013 results after the stock market closes on Monday, April 29, 2013, and host a live webcast and conference call at 8:30am ET on Tuesday, April 30, 2013.

The call will be accessible by telephone at (877) 474-9504 and from outside the U.S. at (857) 244-7557; (passcode: 12032247); or, via the Internet at www.kaman.com. Please go to the website at least fifteen minutes prior to the start of the call to register, download and install any necessary audio software. A replay will also be available two hours after the call and can be accessed at (888) 286-8010 or (617) 801-6888 using the passcode: 63596531.

About Kaman Corporation

Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the aerospace and industrial distribution markets. The company produces and/or markets widely used proprietary aircraft bearings and components; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; aerostructure engineering design analysis and FAA certification services; safe and arm solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; and support for the company’s SH-2G Super Seasprite maritime helicopters and K-MAX medium-to-heavy lift helicopters. The company is a leading distributor of industrial parts, and operates more than 200 customer service centers and five distribution centers across North America. Kaman offers more than four million items including bearings, mechanical power transmission, electrical, material handling, motion control, fluid power, automation and MRO supplies to customers in virtually every industry. Additionally, Kaman provides engineering, design and support for automation, electrical, linear, hydraulic and pneumatic systems as well as belting and rubber fabrication, customized mechanical services, hose assemblies, repair, fluid analysis and motor management. More information is available at  www.kaman.com .

Kaman Corporation
Eric Remington, 860-243-6334
VP, Investor Relations
Eric.Remington@kaman.com

KEYWORDS:   United States  North America  Connecticut

INDUSTRY KEYWORDS:

The article Kaman Corp. Announces Release Date for First Quarter 2013 Earnings originally appeared on Fool.com.

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Source: FULL ARTICLE at DailyFinance

Drone Warfare In America

By Floyd Brown

Republican Democrat SC Divide And Conquer  Fair And Balanced

In early March, Senator Rand Paul had America buzzing about drones. They were the highlight of his 13-hour filibuster against John Brennan, Barack Obama’s nominee to be director of the CIA. Paul’s intention was not to actually stop the nomination of Brennan – he knew the filibuster would fail. Instead, he wished to turn the nation’s attention to the use of drone-fired missiles to kill American citizens and others around the globe.

Paul repeatedly cited the Fifth Amendment to the U.S. Constitution, part of our cherished Bill of Rights, saying: “The Fifth Amendment… should protect you from a president that might kill you with a drone.”

“You can’t be judge, jury and executioner all in one,” Paul warned.

Well, John Brennan tried to play that role when executing Americans at the behest of Barack Obama’s War on Terror strategy. Even George W. Bush put terrorists in Guantanamo Bay before bringing them to trial. Obama just dispensed with the trials and moved right to summary execution.

Sadly, Brennan was confirmed, and the missile-mounted drones continue to fly.

“Are you going to just drop a Hellfire missile on Jane Fonda?”

So are drones (or unmanned aircraft systems–UASs–as they are called by the military) useful? Sure – in war zones. They are good for spying on the enemy and targeting enemy forces and supplies.

But even in these situations, drones have scary consequences. By some accounts in the foreign press, secret drone attacks have killed an estimated 4,700 people – nearly one quarter have been civilians, and as many as 200 are reportedly children.

And worse yet, the Obama administration admitted to targeting Americans and foreign nationals (albeit those in terror groups).

They also claim the legal authority to kill U.S. citizens without a trial (even here in America) as long as the target is linked to a terrorist organization.

Look, I am not alone in being very suspicious of these powers. As government agencies increase the use of drone technology, opportunities for abuse grow exponentially, especially when the Obama administration reserves the right to kill Americans without due process.

U.S. Attorney General Eric Holder recently defended using lethal force against Americans in America, saying it would be considered legal and justified in an “extraordinary circumstance.”

“The President could conceivably have no choice but to authorize the military to use such force if necessary to protect the homeland,” Holder concluded.

10,000 New Drones By 2020

If the Obama administration’s life-extinguishing policy wasn’t enough, get this: A Federal Aviation Administration (FAA) report anticipates 10,000 new civilian drones will be flying the skies of America by the year 2020.

Sound outlandish? It’s not. Since 2007, the FAA has issued 1,428 licenses to police, universities, and federal agencies to fly drones domestically.

This sounds like a perfect storm of threats to privacy and security. Imagine these drones spying on your business or even your teenage daughter as she sunbathes next to the backyard pool.

Sounding the Alarm Bells

In December 2011, The American Civil Liberties Union (ACLU) issued a report entitled “Protecting Privacy from Aerial Surveillance” that warned of the potential “mission …read more

Source: FULL ARTICLE at Western Journalism

US Airways-American Merger: Where Some Safety and Consumer Advocates May Differ

By John Goglia, Contributor On most issues of concern to aviation safety advocates and representatives of passenger groups, there is far more agreement than disagreement on what the nation’s airlines need to be doing – mandatory kid’s seats, better oversight of outsourced maintenance by the FAA and the airlines, higher flight crew experience levels at regional carriers, the list goes on.  Which makes sense: if something advances safety, it also benefits the flying public and vice versa is usually true.  But when it comes to airline mergers – like US Airways and American Airlines – opinions between the two advocacy groups can diverge. Where a number of consumer advocates worry that the consolidation of air carriers in the industry will lead to higher fares and a reduction in services, many safety advocates, myself included, see consolidation as a way to bring some much needed fare stability to the airline industry – and allow airlines to maintain or improve their safety margins.  Yes, higher fares are a most likely result from yet another airline merger [full disclosure: I retired from USAir in 1995 and still receive retiree benefits] but the industry consolidations have come about because the current fare structures do not accurately reflect the airlines’ costs of providing air transportation and are unsustainable in the long run. Safety Improvements Require Consistent Airline Profits …read more

Source: FULL ARTICLE at Forbes Latest

Video: Visualizing airspeed via an iPad with Apple Maps

By Matt Hickey, Contributor

We know that modern airliners scream across the sky at speeds up to 560 miles per hour, but numbers like that can be pretty abstract. It’s better to have a more visual way to really appreciate how fast you’re traveling when flying, and this video demonstrates that nicely. Reddit user jzzsxm — real name withheld by request as one isn’t technically supposed to use a GPS on flights in the US — shot the video on cross-country flight from Boston to Portland in February of this year. It features the iPad’s Maps app showing satellite imagery of the terrain below. It uses Go-Go’s in-flight WiFi to render the data for the map’s graphics and have to admit that I’m fairly impressed that it can keep up as well as it does in this video; I’ve always found in-flight WiFi to be pokey at best. I asked the FAA if they had a comment on flyers using devices with integrated GPS on flights and was told that it has nothing to say about it right now but may (or may not) get back to me soon. That said, the FAA will be re-evaluating its rules regarding in-flight electronics in the near future – but don’t expect to be able to yap on your phone during takeoff and landing anytime soon. One more thing: You should be very happy I was able to get through this whole post without making a “cloud computing” pun. …read more

Source: FULL ARTICLE at Forbes Latest

FAA's Reckless Threat to Close 149 Air Traffic Control Towers in June

By John Goglia, Contributor The good news is that the FAA has delayed to June the decision to close 149 air traffic control towers at general aviation airports around the country.  The bad news is that June is the start of the flying season for many general aviation pilots living in climates not conducive to recreational flying in winter.  The FAA’s threat to close these towers at the start of the busy flying season is reckless and hurts general aviation, a sector still struggling from the impacts of a drawn out recession and slow recovery. These airports – and the pilots who call them their flying homes – don’t need the kind of uncertainty that FAA’s announcements bring.  But the general public needs to understand that closing these towers without a proper and detailed safety analysis has risks for the communities surrounding these airports, as well. Of course, general aviation pilots fly in and out of countless uncontrolled airports and grass or dirt strips.  But what’s the impact of taking away a tower? At airports with control towers, the FAA needs to study what impact suddenly closing the towers would have on pilots who have gotten used to having them.  And two months hardly seems enough time to study one airport, let alone 149. This is all particularly dismaying since the FAA’s Air Traffic Service has committed to a safety management system approach that is supposed to guide its decision-making.  Under an SMS, any change in the air traffic system that could have a safety impact needs to be rigorously analyzed for hazards, the risks of those hazards thoroughly evaluated and the risks eliminated or mitigated to an acceptable level. Until the FAA performs those detailed evaluations and allows public comment on them, it should stop these reckless threats. …read more

Source: FULL ARTICLE at Forbes Latest

What Pulled the Dow Back From the Brink Today

By Dan Caplinger, The Motley Fool

Filed under:

The 170-point opening plunge for the Dow Jones Industrials raised many fears that the long-awaited correction for the U.S. stock market was finally at hand. Coming on the heels of an extremely disappointing jobs report, the Dow’s decline showed that fears of overall economic weakness were finally starting to break the complacent attitude that most investors have maintained, even through the Cypriot banking crisis, and other more remote global economic difficulties. Yet, by the end of the day, that fear had apparently subsided, and the Dow closed with a loss of just 41 points.

A couple of Dow stocks even managed sizable gains on the day. Boeing jumped 1.4% on news of another successful test flight in its attempt to get its 787 Dreamliner back in the air after battery problems grounded the aircraft back in January. According to a press release, today’s flight completed the necessary final certification test for the battery system, and now, the company will gather and analyze data, and work with the FAA in hopes of getting the Dreamliner up and flying again as soon as possible.

JPMorgan Chase also defied the Dow decline, rising nearly 1%. Late in the day, a Bloomberg report cited a draft copy of legislation that would require JPMorgan and other major banks with assets of $400 billion or more to hold higher amounts of capital than standards under the Basel III accord. With some lawmakers citing the competitive advantages that big banks have over their smaller rivals as justifying the higher capital standards, JPMorgan will face substantial political resistance if it tries to extricate itself from the higher standards.

Finally, several energy companies did well today, with oil and gas exploration company Ultra Petroleum soaring more than 7%, and Arch Coal rising more than 5%. Speculation that natural gas prices may have finally bottomed out lifted several smaller nat-gas producers in the space, which have suffered for a long time from a glut of the clean-burning fuel. Meanwhile, Arch Coal and other coal producers have hoped for nat-gas to return to more sustainable levels, because rising gas prices could end the trend among utility customers to switch from coal to gas, and therefore boost demand and prices for coal. Even with prices having risen to nearly $4 from around $1.80 last April, natural gas could have further to run on the upside.

With big banks like JPMorgan still trading at deep discounts to their historic norms, investors everywhere are wondering if this is the new normal, or whether finance stocks are a screaming buy today. The answer is different for each bank, so to help figure out whether JPMorgan is a buy today, I invite you to read our premium research report on the company today. Click here now for instant access!

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Source: FULL ARTICLE at DailyFinance

These 2 Dow Stocks Are Winning Despite the Jobs Report

By Dan Dzombak, The Motley Fool

Filed under:

The Dow Jones Industrial Average is down big-time following a terrible jobs report. As of 1:20 p.m. EDT the Dow is down 88 points, or 0.6%, to 14,518. The S&P 500 is down 0.77% to 1,548.

There were two U.S. economic releases today.

Report

Period

Result

Previous

Nonfarm payrolls

March

88,000

268,000

Unemployment rate

March

7.6%

7.7%

Trade gap

February

($43 billion)

($44.5 billion)

Source: MarketWatch U.S. Economic Calendar.

The key report here is the jobs figures, particularly nonfarm payrolls. A drop in the unemployment rate is not necessarily a good sign, as it stemmed from people leaving the workforce. In March the labor force declined by 496,000, bringing the participation rate in the economy down 0.2 percentage points to 63.3% of the population.

On Wednesday ADP released its private-sector jobs report, which showed an addition of just 158,000 jobs in March, down from 237,000 in February. While ADP’s report does not always line up with the government‘s, investors were concerned that the result fell short of expectations.

Today the government released its own jobs report, which includes both public and private-sector jobs. The report showed that the U.S. added just 88,000 jobs in March, down from 268,000 in February. That is far worse than analyst expectations of 190,000 additional jobs.

US Change in Nonfarm Payrolls data by YCharts.

While some are blaming this on the sequester, the results were actually weak across the economy. In the private sector, the biggest decline was in retail jobs, which fell by 24,000. This is worrisome, as retail has been one of the strengths of the economy and the jobs market, adding an average of 32,000 jobs per month over the last six months. One theory is that consumers are beginning to feel the effects of higher payroll taxes and gasoline prices. We’ll have to wait for retail sales reports to see whether that’s the case.

In the government, the biggest decliner was the U.S. Postal Service, where employment fell by 12,000 in March. Motley Fool senior analyst Jim Royal took an in-depth look at how the Postal Service is being gutted. It’s a fascinating read.

Today’s Dow leaders
Today’s Dow leader is Boeing , up 0.5%. Boeing has been in the news a lot over the past three months since the FAA grounded its 787 Dreamliner. As I’ve said, the Dreamliner problems are embarrassing for Boeing in the short run but will be a minor blip in the 30- to 50-year future of the aircraft. After all, Boeing continued to get orders for 787s throughout this ordeal. In the first quarter the company received orders for 42 Dreamliners. Besides the 787, the company received 156 orders for 737 regional airliners, three orders for 747s, and 19 orders for the 777 airliner.

Boeing is a major player in a multitrillion-dollar market in which the opportunities are massive. …read more

Source: FULL ARTICLE at DailyFinance

Market Minute: J.C. Penney Opens In-Store Boutiques

By DailyFinance Staff

Filed under: ,

Produced by Drew Trachtenberg

J.C. Penney (JCP) today opens its first store-within-the-store boutiques. They’ll offer home goods from designers such as Michael Graves, Jonathan Adler and Sir Terence Conran. The boutiques featuring Martha Stewart are is still in limbo pending a court challenge from Macy’s (M). Penney is banking on this new strategy to help it turn around after posting a big sales decline last year.

Getty Images

A federal appeals court has ruled that Johnson & Johnson (JNJ) did not infringe on the patent for a heart stent. The court threw out a $593 million dollar judgment against the company. The ruling could help Abbott Labs (ABT), which faces a lawsuit for violating the same patent.

Hewlett-Packard (HPQ) Chairman Raymond Lane and two directors are resigning their posts. This comes in the wake of HP‘s disastrous acquisition of Autonomy in 2011. That led to an $8.8 billion writedown last year. The company has had three CEOs and two chairmen in the past seven years, and the search for a new chairman is starting now.

Boeing (BA) may make a key test flight of its grounded 787 Dreamliner as soon as today. If all goes well, the company hopes to win FAA certification to move ahead with plans to upgrade the batteries throughout the fleet, and resume commercial flights within the next month or so.

Chevron (CVX) says it won’t be able to restart a major crude oil facility in California until at least June. The company has completed repairs to the plant after an explosion there last August, but it says regulatory approvals will delay the re-opening.

And F5 Networks (FFIV) is set to tumble after warning that earnings and revenue will fall short of expectations in the current quarter. The company sells information technology and services.

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Source: FULL ARTICLE at DailyFinance

Boeing Opens Expanded Airplane Delivery Center

By Dan Carroll, The Motley Fool

Filed under:

Boeing opened a new delivery center in Everett Washington on Wednesday, designed to deliver the company’s 767, 777, 787, and 747-8 airliners. The expanded Everett Delivery Center, or EDC, boasts 180,000 square feet of space in order to increase efficiency over the older EDC, according to a statement released by the company.

The facility opens as Boeing expects its 787, the fleet of which has been grounded since battery problems emerged early in the year, to gain FAA-approval to return to the skies with commercial flights soon. Boeing signed off on an International Airlines Group order for 18 787s on Wednesday, a sign that customers are regaining faith in the Dreamliner.

Boeing Commercial Airplanes‘ senior vice president and general manager of Airplane Programs, Pat Shanahan, commented on the EDC‘s opening in the statement, saying, “Boeing is producing market-leading commercial airplanes at its highest rates ever … The new facility enables us to meet growing demands and continue doing what our team does best – exceed customer expectations.”

The article Boeing Opens Expanded Airplane Delivery Center originally appeared on Fool.com.

Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Boeing Completes Tests Leading To Resumption Of Dreamliner Operations

By Loren Thompson, Contributor

With little fanfare but lots of effort, the Boeing Company this week is completing all the tasks required by the Federal Aviation Administration to demonstrate the 787 Dreamliner is ready for a return to routine operations.  FAA personnel have participated at each stage in the testing of a comprehensive fix for battery issues that prompted a global grounding of the planes in January, so the company is hopeful it will get quick approval for a return to flight in May. …read more

Source: FULL ARTICLE at Forbes Latest