Boeing said Thursday it will delay delivery of the first 747-8 freighter until mid-2011 instead of the fourth quarter of 2010.
The expected rescheduling follows similar delays announced in August for delivery of the long-delayed 787 Dreamliner passenger aircraft to the first quarter of 2011.
Shares of Boeing were flat in noon trading after rising as much as 3 percent.
Boeing said Thursday the delay of the freighter would not hurt its 2010 financial results. High production costs last year led the company to take a $1 billion charge in the third quarter of 2009.
747-8 Freighter news from JOC:
BA Adding Three 747-8 Freighters to Fleet.
Since the aircraft’s first flight in February, it has developed problems, including a low-frequency vibration under certain flight conditions. Corrections will not require structural changes, the manufacturer said, but the flaws have disrupted certification testing.
Boeing has 76 orders for the freighter at list prices between $293 million and $308 million. The 747-8 uses new engine and wing designs, and has greater fuel efficiency and lower operating costs than the Airbus A380, its closest rival, Boeing says.
The freighter model can carry 16 percent more cargo than the previous 747 model.
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