Boeing reported a better-than-expected first-quarter profit, even as it scrambled to fix its grounded 787 in hopes of getting it airborne next month.
The company said on Wednesday that deliveries could resume in early May for the 787, parts of which were built at Boeing's operations in Salt Lake City, where it employs about 500 people. Some airlines are expected to begin flying the innovative jets again by the middle of the month, when most of the 50 planes that are in service are expected to be fixed.
Resuming deliveries and passenger flights would cap a notable turnaround for Boeing. The three-month grounding over battery problems frustrated airlines and turned a spotlight onto the way commercial planes are designed and regulated. Putting the problem behind it will let Boeing focus on building new versions of its best-selling 737 and 777.