Boeing Breaking News: Boeing Shares Rise: Preliminary Probe Finds No Evidence of Battery Fault

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Boeing Breaking News: Boeing Shares Rise: Preliminary Probe Finds No Evidence of Battery Fault

Boeing Breaking News: Boeing Shares Rise: Preliminary Probe Finds No Evidence of Battery Fault
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Boeing Breaking News: Boeing Shares Rise: Preliminary Probe Finds No Evidence of Battery Fault

Wochit 1:00 mins

Shares of Boeing Co rose as much 3 percent in early trade as an investigation into a fire that broke out on a 787 Dreamliner in London did not blame the plane's batteries. News of the fire had sent Boeing's shares down 4.7 percent July 12th, knocking $3.8 billion off the company's market value. Unless the cause of the Heathrow fire is pinpointed quickly, Boeing could once again find itself in a delicate spot of balancing passenger safety with high financial stakes. Air accident investigators continued to try to figure out why a parked 787 Dreamliner caught fire. There is no evidence at this stage that a fire that broke out on a Boeing Dreamliner at London's Heathrow Airport on Friday was linked to the aircraft's batteries, Britain's Air Accident Investigation Branch (AAIB) said.

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