Less than a year after Boeing’s problem plagued Dreamliner was grounded, the latest version of the 787 made its first flight. The plane lifted off as hundreds of Boeing workers watched at the company’s final-assembly plant in Everett, Wash.
The stock is up more than 60 percent since it traded in the $70 range earlier this year when fires on two Dreamliners prompted a worldwide grounding of the plane.
This airplane can fly longer and is quite advantageous on the long haul flights to Asia. The biggest buyers are Asian airlines. About 40% of the 852 Dreamliners are -9 models. It can carry up to 40 more passengers and it has a greater range. So it’s opening up new markets!