Tag

777x

All articles tagged with #777x

Boeing Faces $4.9 Billion Charge Amid 777X Delays and Revenue Gains
business4 months ago

Boeing Faces $4.9 Billion Charge Amid 777X Delays and Revenue Gains

Boeing announced a $4.9 billion charge and delayed the debut of its 777X jet to 2027, reflecting ongoing challenges with the aircraft's development. Despite the delay, Boeing's quarterly revenue and cash flow improved due to increased aircraft deliveries, though the company faces continued hurdles including production delays and regulatory scrutiny.

Boeing Initiates Major Workforce Reductions Amidst Union Tensions
business1 year ago

Boeing Initiates Major Workforce Reductions Amidst Union Tensions

Boeing is laying off 111 union workers in St. Louis due to a delay in the delivery of the 777X aircraft, now expected in 2026 instead of 2025. The affected employees, primarily assembly and process mechanics, will receive pay and health benefits until January 17. The layoffs are linked to the manufacturing of composite parts for the 777X, which is assembled in Everett, Washington.

Boeing 777X Starts FAA Certification Flight Trials
aviation1 year ago

Boeing 777X Starts FAA Certification Flight Trials

Boeing's 777X program has begun certification flights with the FAA, signaling progress towards its 2025 delivery goal. This development highlights the FAA's independent evaluation of Boeing's aircraft models, separating the 777X from the troubled 737-MAX. The successful certification is crucial for Boeing's competitiveness against Airbus and for maintaining a robust air travel market.