Boeing Faces $4.9 Billion Charge Amid 777X Delays and Quarterly Loss
Originally Published 2 months ago — by The Guardian
Boeing delayed the delivery of its 777X jets to 2027, incurring nearly $5 billion in charges due to ongoing delays, which have accumulated to over $15 billion, impacting its finances and opening opportunities for competitors like Airbus, while the company sees some positive signs in increased aircraft production and deliveries amid rising international travel demand.
