Boeing Faces $4.9 Billion Charge Amid 777X Delays and Revenue Gains
Originally Published 2 months ago — by Bloomberg.com
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.