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Boeing Postpones Delivery Of Dreamliner For The Sixth Time

In what seems like a never ending saga, The Boeing Co. (NYSE:BA) postponed delivery of its 787 Dreamliner for the sixth time, promising now to finally hand over the first plane to customers in the middle of the first quarter of 2011.

The latest delay came after Rolls-Royce Group PLC told the world's largest aircraft maker it would be unable to supply an engine needed to complete flight testing, Boeing said in a statement Friday. Rolls said the delay wasn't related to a 787 engine blowout on a test bed in Derby, England, which this month forced it to shut the site for repairs.

The composite-plastic plane is already more than 2 1/2 years late following delays caused by working with new materials, parts delays from suppliers and redesign work involving an Italian sub-contractor.

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