Boeing Company (The) -- Moody's: Boeing's Dreamliner ETOPS-330 approval by FAA is Credit Positive

New York, May 30, 2014 -- Moody's Investors Service said the May 28 approval by the US Federal Aviation Administration (FAA) of Boeing Company's (A2 stable) 787 Dreamliner aircraft for additional extended operations (ETOPS) of up to 330 minutes is a credit positive development for the company, as it joins the Boeing 777 as the only twin-engine jets to have secured such certification and should afford a competitive advantage relative to existing deployed equipment for both the company and its airline customer Dreamliner operators. The approval allows the 787-8 to fly more direct and longer routes operating up to as much as 5-1/2 hours from a suitable landing field, versus its previous maximum allowance of just three hours.

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