Setback seen for Boeing’s Dreamliner

Boeing Co. has to make design changes to its 787 Dreamliner that may further delay the plane’s entry into service, JPMorgan Chase & Co. said, citing International Lease Finance Corp., the new model’s biggest customer.

ILFC Chairman Steven Udvar-Hazy told a JPMorgan conference that the state of the 787 program was “not pretty” and that he didn’t expect the first plane to be handed over until the third quarter of next year, said Joseph B. Nadol, an analyst at the bank.