Boeing says 'very close' to restarting 787 deliveries

LONDON, July 17 (Reuters) - Boeing (BA.N) is “very close” to restarting deliveries of its 787 aircraft, Commercial Airplanes CEO Stan Deal said on Sunday.

787 deliveries have been halted for a year as Boeing works through inspections and repairs in an industrial headache expected to cost about $5.5 billion.

Speaking on the eve of the Farnborough air show, Deal also said there was “not a high probability” that the U.S. planemaker would cancel its 737 MAX 10 model.

Boeing CEO Dave Calhoun told Aviation Week earlier this month the company could be forced to cancel the 737 MAX 10 over potential regulatory issues.