Categories: BusinessEconomy

Boeing’s Starliner launch could face delay of several months – WSJ

Aug 12 (Reuters) – Boeing Co’s (BA.N) Starliner space capsule launch could be delayed by several months as it will likely need to be removed from atop a rocket for repairs, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Earlier this month, Boeing scrubbed the launch of its much awaited CST-100 Starliner to the International Space Station after discovering a glitch in its propulsion system valves during pre-launch checks. read more

Boeing declined to comment on the WSJ report when contacted by Reuters.

The delay in CST-100 Starliner’s launch is the latest setback for a U.S. aerospace giant reeling from back-to-back crises – a pandemic that crushed demand for new jetliners and a safety scandal caused by two fatal 737 MAX crashes – that have damaged Boeing’s finances and engineering reputation.

The uncrewed test flight’s delay also throws into question the timing of its follow-on mission with a crew onboard, which Boeing has said would take place no earlier than December.

Separately, Boeing said late on Thursday it fixed nine of its 13 CST-100 Starliner propulsion system valves and the remaining four still remained closed.

The announcement comes after Boeing said earlier this week it was assessing multiple dates for the launch of its space capsule. read more

Boeing also said it was working with NASA and United Launch Alliance to confirm launch dates when the spacecraft is ready.

The CST-100 Starliner will take people to and from a low-earth orbit. Boeing is competing with Elon Musk’s SpaceX to take NASA astronauts to the space station from the United States.Reporting by Akriti Sharma and Juby Babu in Bengaluru; Editing by Chris Reese and Muralikumar Anantharaman

Our Standards: The Thomson Reuters Trust Principles.

Source: https://www.reuters.com/business/aerospace-defense/boeings-starliner-launch-could-face-delay-several-months-wsj-2021-08-12/

World Economic Magazine

Recent Posts

Judge Blocks New York Labor Law in Major Win for Amazon’s Workplace Policy Battle

Amazon secured a key early win as a federal judge blocked New York from enforcing…

2 hours ago

Enthuse Foundation Announced Finalists for 7th Annual Women Founders Pitch Competition

The Enthuse Foundation has revealed the finalists for its 7th Annual Women Founders Pitch Competition,…

2 hours ago

2nd Edition Model Risk Management, Canada

The Marcus Evans 2nd Edition Model Risk Management, Canada conference taking place in Toronto, Canada…

1 day ago

‘Grow With China’ Event Highlights Shanghai’s Expanding Role in Global Economic Growth

Economists say Shanghai is strengthening its role as China’s reform engine, accelerating innovation and global…

1 day ago

U.S. Consumers Plan to Spend Nearly $80 Billion During Black Friday

U.S. shoppers are set to spend nearly $80 billion this Black Friday and Cyber Monday,…

3 days ago

Waiken’s $450 Million Bet on Latin America: A Strategic Push into Connectivity and Content

Waiken has unveiled a US$450 million investment plan through 2031 to strengthen its entertainment and…

3 days ago