The damage is extensive and will likely delay the first flight at least one more year. At this point Boeing is guilty of nothing less than pathological lying as to the progress of the 787. Just months ago the executives from Boeing, while @ the Paris Air Show, were reporting that the plane would likely fly by the end of the week...and now this?

They are billions of dollars in the hole now as a result of this project in a climate where there is not a lot of money. If they're not careful, this project could very likely sink the company at this point. They need to move quickly and make some big changes.

I'm a huge Boeing fan, but I'm very unhappy about how this has all played out. At the rate this is going, the Airbus 350 could fly before the 787...imagine that.