Boeing’s Final Test Flight Sets Stage for FAA Regulatory Review

Bloomberg reported that Boeing Co. final test flight for its grounded 787 Dreamliner will set the stage for the regulatory review of the lithium battery upgrades.

As quoted in the market news:

The agency must decide whether the redesigned lithium-ion batteries are safe after electrical failures on a Japan Airlines Co. (9201) plane in Boston and during an All Nippon Airways Co. (9202) flight in Japan. U.S. Transportation Secretary Ray LaHood declined to say yesterday when he will decide whether to end the grounding.

Click here to read the full Bloomberg report.