Subscribe Now

travelers today

Home » News

Boeing Dreamliner Update: Nippon Airways Claim $15 Million Loss, Seeking Money from Boeing? [video]

Travelers Today       By    Antranig Dereyan

Updated: Jan 31, 2013 11:14 AM EST

Text Size: A A A

 Airlines scrambled to rearrange flights as Europe, Japan, Qatar and India joined the United States in grounding Boeing Co's 787 Dreamliner passenger jets.
Airlines scrambled to rearrange flights as Europe, Japan, Qatar and India joined the United States in grounding Boeing Co's 787 Dreamliner passenger jets while battery-related problems are investigated.(Photo : Reuters)

The FAA mandatory grounding of Boeing's Dreamliner, due to safety concerns over their lithium-ion battery has cost All Nippon Airways $15 million in lost revenue.

ANA has catered their company around Boeing's "super jet," with 50 aircrafts to their name (the largest Dreamliner operator in the world) says that they "would seek compensation from Boeing once the full extent of the damage is clear. But the carrier said its priority was to establish the cause of the problems and return the 787 to service," according to CNN Money.

Share This Story

Boeing on the other hand reported on Wednesday that it did not expect a "significant financial impact," though, acknowledged that could change once the results of the FAA, ANA and their own internal investigation is revealed.

"ANA has been forced to cancel 459 flights so far this month, at a cost of ¥1.4 billion (roughly $15 million) in lost revenue, it said in a statement. It is unclear when its 17 Dreamliners will be in the air again," according to CNN Money.

If the Dreamliner remains out-of-action for a substantial amount of time (a year or more), ANA could be in for some "turbulent" times ahead.

Not expecting for this issue to last long, ANA executive vice president Kiyoshi Tonomoto said, "ANA is making the utmost effort to regain confidence in the safety of 787 and return it to operation by cooperating with U.S. and Japanese authorities and the aircraft maker."

 

All Nippon Airways' (ANA) Executive Vice of Investor Relations, Finance & Accounting President Kiyoshi Tonomoto bows during a news conference in Tokyo said the grounding of Boeing Co's 787 Dreamliner jet, with undiagnosed battery problems, would cost it around $15.4 million in lost revenue from cancelled flights this month.
All Nippon Airways' (ANA) Executive Vice of Investor Relations, Finance & Accounting President Kiyoshi Tonomoto bows during a news conference in Tokyo said the grounding of Boeing Co's 787 Dreamliner jet, with undiagnosed battery problems, would cost it around $15.4 million in lost revenue from cancelled flights this month. (Reuters)

 

 

The good financial news about this, as far as ANA is concerned, "The Dreamliner grounding will not affect its forecasts for the fiscal year ending March 31, ANA said, after posting net profit of ¥52.2 billion for the first nine months, up almost 56% on the same period the previous year," according to CNN Money.

© 2015 Traverlers Today, All rights reserved. Do not reproduce without permission.
Join Our Conversation

Travel Tips

Lima, Peru

A Travel Guide to Peru: Things to Know

Peru is a cultural hub filled with unique sights to see, amazing cuisine, a plethora of activities, and is definitely somewhere worth putting on your travel bucket list, but there are a few things to know before planning your trip.

Subscribe to our newsletter

Receive the latest travel news, reviews, and more..

Want more Travel?

Most Popular

Anti-Jewish leaflets were found on cars in Chicago

Jewish Graves Desecrated With Slogans: Teenagers Apprehended For Heinous Act In Brumath, Message Of Hatred?

Jewish Graves Desecrated With Slogans – Five teenage boys, aged 15-17, were apprehended by French police. The five teens reportedly defaced and knocked over Jewish gravestones. This incident has been dubbed a hate message in times of the terrorist act in Denmark and Paris.

Ryan Seacrest, Ford, The Recording Academy And GRAMMY Foundation Celebrate National Semi-Finalist For The Music Educator Award

Chicago-Area Substitute Teacher Bully: Helped Student Harrass And Bully A Classmate

Chicago-Area Substitute Teacher Bully – It looks like bullying doesn’t involve only students. The latest report of bullying now involves a substitute teacher in the Chicago area. What did the teacher do to the student that had it counted as an act of bullying?

ISIS Al Asad Base Attack

Copenhagen Shooting Attack PM: Gunman Killed By Authorities After Two Attacks, Killer Inspired By Islamic State Militants

Copenhagen Shooting Attack PM – The man involved in two terrorist attacks in Copenhagen has finally been shot dead by Danish police. Still unidentified, the man is reportedly responsible for shooting down two civilians and severely wounding five police officials. The shooting was done in separate events, first being the attack on a synagogue, and the second at an event where talks on freedom of speech was being held.

China Prepares For Spring Festival Travel Rush

Bus Train Collision Mexico February 13: Kills 20, Leaves 30 Injured, What Led To Deadly Crash?

Bus Train Collision Mexico February 13 – Around 16 people were killed in a collision that occurred north of Mexico on Friday night. The collision involved a bus on the highway and a freight train. Aside from the 16 people who died that night, 30 other people sustained injuries. So what led to the crash?

Chapel Hill Shooting A Hate Crime? New Details Revealed

Chapel Hill Shooting A Hate Crime? New Details, Thousands Mourn Victims

Chapel Hill Shooting – While thousands of mourners gathered for the funeral of three Muslim students killed in the Chapel Hill shooting in North Carolina, their father told the crowd they were shot because of a hate crime.

A gray wolf unseen for over eight decades was shot by a hunter in Iowa.

Grand Canyon Wolf Sighting: Wolf Named Echo Mistaken For Coyote, Killed In Utah By Hunter, Officials Investigating Death

Grand Canyon Wolf Sighting – It has been a decade since a wolf made its appearance at the Grand Canyon. Now, it seems this event is unlikely to repeat since the wolf identified at the sighting has been killed in Utah. A hunter had mistaken the wolf for a coyote.

Intoxicated couple sleeps in Tampa dumpster, rescued from Florida garbage truck

Florida Couple, Dumpster Sleeping, Almost Died, 911 Call From Truck Driver

Florida Couple Dumpster – Florida authorities reported that an intoxicated man and woman had to be rescued after falling asleep inside a Dumpster then later emptied into a garbage truck, according to the Associated Press. A driver from Progressive Waste Solutions said he found the Florida couple dumpster at the back of his truck Wednesday morning.

Piggly Wiggly Crash

Piggly Wiggly Crash: 92-Year Old Driver Slams Into 9 Cars, Incident In Wisconsin Parking Lot 'Dubbed' Accident, Senior To Retake Driving Test? Should Senior Be Allowed Behind The Wheel?

Piggly Wiggly Crash – In some cases of road accidents, drivers behind the wheel who had been the cause of the incident usually get charged for reckless driving. However, the latest case involving a 92-year old man and nine cars parked at Piggly Wiggly’s parking lot – no charges will be cited against him.

SFO taxi protest causes gridlock, backfires

US Loudest Quietest Spots: New York Dubbed Loudest, Yellowstone National Park Dubbed Quietest

US Loudest Quietest spots have been indicated on a map by none other than the National Park Service Natural Sounds and Night Skies Division. So what parts of the United States made it to the list of quietest? What parts of the United States have been dubbed as the loudest?

Find Us on Facebook

travelers today

© Copyright 2015 Travelers Today All Rights Reserved.

Subscribe to our newsletter
Real Time Analytics