Boeing Shares Tumble After 787 Catches Fire in Logan Airport

Moneybox
A blog about business and economics.
Jan. 8 2013 6:24 PM

Boeing Shares Tumble After 787 Catches Fire in Logan Airport

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Sir Richard Branson, chairman of Virgin Atlantic, and Jim McNerney, president and CEO of Boeing, speak at the press conference about Virgin Atlantic and Boeing environmental partnership on April 24, 2007 in Chicago, Ill.

Photograph by Tasos Katopodis/Getty Images.

My flight home from San Diego opened with a propaganda video from United Airlines about how excited they are to be taking delivery of their first Boeing 787 "Dreamliner" airplane. Meanwhile, Boeing shares are down 2.6 percent today on the news that a Dreamliner randomly caught fire on the ground today in Boston's Logan Airport.

The reassuring news, allegedly, is that since this fire related to the auxiliary power system it couldn't happen while people were actually aboard a flying plane.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.

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