Boeing said the delivery of the first of its new 747-8 freighters is on hold because of issues with the plane's first customer.
Boeing was set to deliver the first of the revamped 747 freighters on Monday to Cargolux, a cargo hauler based in Luxembourg. But Boeing spokesman Jim Proulx said on Friday that the delivery won't happen on Monday "due to unresolved issues with our customer Cargolux." He said Boeing is continuing to work with Cargolux to determine a delivery date.
The cargo hauler recently reshuffled its board after Qatar Airways took a 43 percent stake. On Friday it said the new board used its first meeting to review the company's financial and business situation, although it didn't say anything about the 747. A Cargolux spokesperson did not immediately respond to a request for comment.
The first Boeing 747 was delivered in 1969. But Boeing has revamped it by making it longer and able to carry more weight, in a major overhaul that required extensive flight testing. The plane first flew on Feb. 8, 2010, and was originally supposed to have been delivered about two years ago.
A new passenger version is set to be delivered to its first customer by the end of this year. German airline Lufthansa is scheduled to get the first one for regular passenger service early next year.
The latest delay comes as Boeing is also getting ready to deliver its new 787 to All Nippon Airways later this month.
Shares of Chicago-based Boeing Co. rose $1.06 to close at $65.38 on Friday.