Boeing Rises Most in Six Weeks as 787 Delivery Ends Delays

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    Boeing Rises Most in Six Weeks as 787 Delivery Ends Delays:)

    Sept. 26 (Bloomberg) -- Boeing Co. rose the most in six weeks in New York trading as the delivery of the 787 Dreamliner ended more than three years of delays on the world's first jetliner with a fuselage made of carbon-fiber composites.

    All Nippon Airways Co. received the plane today at a ceremony in Everett, Washington. Boeing climbed $1.60, or 2.7 percent, to $61.11 at 1:38 p.m. in New York Stock Exchange composite trading. The shares touched $62 earlier for a 4.2 percent advance, the biggest intraday gain since Aug. 12.

    The twin-engine 787 is Chicago-based Boeing's best-selling new jet ever, with 821 orders from 56 customers. Boeing is working to boost output to 10 a month by the end of 2013, a record for wide-body aircraft, after the setbacks increased costs, sent 787 inventory ballooning to $16.2 billion through June and upset airlines' timetables for adding new routes.


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