Boeingsaid Wednesday third-quarter profit rose more than expected, helped by higher deliveries of commercial planes, but it scaled back its revenue forecast for next year due to delays on its 787 Dreamliner and slowing growth at its defense unit.
The world's biggest-selling jet maker, which is also the No. 2 U.S. defense contractor, earlier this month said its hot-selling 787 would be at least six months late as it wrestles with uncompleted work from suppliers, integrating the plane's software and an acute shortage of bolts.
The Chicago-based company said Wednesday it was still addressing "challenges" as it builds the first batch of 787s, aiming for the first test flight around the end of March next year. It expects the first delivery in late November or December 2008.
"The focus will be on the 787 and whatever may be said (on the conference call) on the viability of their current schedule," said Paul Nisbet at aerospace specialists JSA Research. "That will be the key."