Boeing 777X Further Delayed till Late 2023

Boeing are now anticipating that the first 777X delivery will occur in late 2023. This is stated on their 2020 Fourth-Quarter Results. “This schedule, and the associated financial impact, reflects a number of factors; including an updated assessment of global certification requirements, the company’s latest assessment of COVID-19 impacts on market demand and discussions with its customers with respect to aircraft delivery timing.” Boeing have reported that the 777X program has also recorded a $6.5 billion reach-forward loss. Among the factors contributing … Continue reading Boeing 777X Further Delayed till Late 2023