Boeing battery maker sees no 787 impact on earnings
Kyoto, Japan (Reuters) - GS Yuasa Corp (6674.T), which makes batteries for the Boeing Co (BA.N) Dreamliner, said on Tuesday its earnings would not be impacted by the grounding of the 787 passenger jets, nor did it see any reputational impact on its other lithium-ion batteries.
The Kyoto-based company maintained its operating profit forecast of 10 billion yen for the year to end-March.
All Boeing's 787s are out of action as investigators in Japan and the United States try to find the cause of two incidents with the plane's lithium-ion batteries - a battery fire on a Japan Airlines (9201.T) 787 at a U.S. airport and an emergency landing on a domestic All Nippon Airways flight after battery problems triggered a smoke alarm.
(Reporting by Mari Saito; Editing by Ian Geoghegan)
- Tweet this
- Share this
- Digg this
- Ten countries scour sea for Malaysia jet lost in "unprecedented mystery"
- Pilot of missing Malaysian flight an aviation tech geek
- Missing Malaysian jet may have disintegrated in mid-air - source
- TIMELINE - The search for missing Malaysian jet
- UPDATE 1-China steel, iron ore futures slide after dismal data, spot ore at 8-mth low
The disappearance of a Malaysian jetliner is an "unprecedented aviation mystery", a senior official said on Monday, with a massive air and sea search now in its third day failing to find any confirmed trace of the plane or the 239 people aboard. Full Article