Boeing Issues Statement on FAA Joint Review of 787 Dreamliner

Boeing (NYSE: BA) is confident inthe design and performance of the 787. It is a safe and efficient airplanethat brings tremendous value to our customers and an improved flyingexperience to their passengers.The airplane has logged 50,000 hours of flight and there are more than 150flights occurring daily. Its in-service performance is on par with theindustry's best-ever introduction into service – the Boeing 777. Like the 777,at 15 months of service, we are seeing the 787's fleet wide dispatchreliability well above 90 percent.More than a year ago, the 787 completed the most robust and rigorouscertification process in the history of the FAA. We remain fully confident inthe airplane's design and production system.Regular reviews of program and technical progress are an important part of thevalidation and oversight process that has created today's safe and efficientair transportation system. While the 787's reliability is on par with the bestin class, we have experienced in-service issues in recent months and we arenever satisfied while there is room for improvement. For that reason, today wejointly announced with the U.S. Federal Aviation Administration (FAA) thestart of a review of the 787's recent issues and critical systems.We welcome the opportunity to conduct this joint review. Our standard practicecalls on us to apply rigorous and ongoing validation of our tools, processesand systems so that we can always be ensured that our products bring thehighest levels of safety and reliability to our customers.Just as we are confident in the airplane, we are equally confident in theregulatory process that has been applied to the 787 since its designinception. With this airplane, the FAA conducted its most robust certificationprocess ever. We expect that this review will complement that effort.