Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Business

    Boeing’s Starliner launch could face delay of several months – WSJ

    Published by maria gbaf

    Posted on August 13, 2021

    Featured image for article about Business

    (Reuters) – Boeing Co’s Starliner space capsule launch could be delayed by several months as it will likely need to be removed from atop a rocket for repairs, the Wall Street Journal reported https://on.wsj.com/3jNe3bb on Thursday, citing people familiar with the matter.

    Earlier this month, Boeing scrubbed the launch of its much awaited CST-100 Starliner to the International Space Station after discovering a glitch in its propulsion system valves during pre-launch checks.

    Boeing declined to comment on the WSJ report when contacted by Reuters.

    The delay in CST-100 Starliner’s launch is the latest setback for a U.S. aerospace giant reeling from back-to-back crises – a pandemic that crushed demand for new jetliners and a safety scandal caused by two fatal 737 MAX crashes – that have damaged Boeing’s finances and engineering reputation.

    The uncrewed test flight’s delay also throws into question the timing of its follow-on mission with a crew onboard, which Boeing has said would take place no earlier than December.

    Separately, Boeing said late on Thursday it fixed nine of its 13 CST-100 Starliner propulsion system valves and the remaining four still remained closed.

    The announcement comes after Boeing said earlier this week it was assessing multiple dates for the launch of its space capsule.

    Boeing also said it was working with NASA and United Launch Alliance to confirm launch dates when the spacecraft is ready.

    The CST-100 Starliner will take people to and from a low-earth orbit. Boeing is competing with Elon Musk’s SpaceX to take NASA astronauts to the space station from the United States.

    (Reporting by Akriti Sharma and Juby Babu in Bengaluru; Editing by Chris Reese and Muralikumar Anantharaman)

    (Reuters) – Boeing Co’s Starliner space capsule launch could be delayed by several months as it will likely need to be removed from atop a rocket for repairs, the Wall Street Journal reported https://on.wsj.com/3jNe3bb on Thursday, citing people familiar with the matter.

    Earlier this month, Boeing scrubbed the launch of its much awaited CST-100 Starliner to the International Space Station after discovering a glitch in its propulsion system valves during pre-launch checks.

    Boeing declined to comment on the WSJ report when contacted by Reuters.

    The delay in CST-100 Starliner’s launch is the latest setback for a U.S. aerospace giant reeling from back-to-back crises – a pandemic that crushed demand for new jetliners and a safety scandal caused by two fatal 737 MAX crashes – that have damaged Boeing’s finances and engineering reputation.

    The uncrewed test flight’s delay also throws into question the timing of its follow-on mission with a crew onboard, which Boeing has said would take place no earlier than December.

    Separately, Boeing said late on Thursday it fixed nine of its 13 CST-100 Starliner propulsion system valves and the remaining four still remained closed.

    The announcement comes after Boeing said earlier this week it was assessing multiple dates for the launch of its space capsule.

    Boeing also said it was working with NASA and United Launch Alliance to confirm launch dates when the spacecraft is ready.

    The CST-100 Starliner will take people to and from a low-earth orbit. Boeing is competing with Elon Musk’s SpaceX to take NASA astronauts to the space station from the United States.

    (Reporting by Akriti Sharma and Juby Babu in Bengaluru; Editing by Chris Reese and Muralikumar Anantharaman)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe