Core Viewpoint - Boeing is facing significant delays in the delivery of its long-haul 777 aircraft, with commercial flights now expected to start in 2027, impacting customers who have been waiting since 2020 [2][3]. Group 1: Delivery Delays - The newest long-haul 777 aircraft is projected to begin commercial flights in 2027, marking a substantial delay for customers [2]. - Boeing has been in the pipeline for six years, indicating prolonged challenges in the delivery process [1]. Group 2: Financial Implications - The company may need to take a non-cash accounting charge between $2.5 billion to $4 billion due to these delays, which it can ill afford given its recent setbacks [2][3]. - The upcoming earnings report at the end of October may provide formal announcements regarding these financial challenges [4]. Group 3: Operational Challenges - Boeing's CEO, Kelly Rotberg, highlighted a significant number of certification issues that the company needs to resolve, suggesting further bad news may be forthcoming [3]. - The company has been grappling with regulatory, financial, production, and operational challenges over the past several years [4].

Core Points - Boeing's 777X jet is now expected to start commercial flights in early 2027, a delay from the previously anticipated timeline of 2026 [1][2] - Deutsche Lufthansa AG, the launch customer for the 777X, is adjusting its fleet plans accordingly and will not include the aircraft until 2027 [1] - The delay marks a total of six years behind the original schedule set when the program was launched in 2013 [2] Company Insights - Boeing's CEO, Kelly Ortberg, acknowledged that the company is behind schedule in certifying the 777X, citing a "mountain of work" still required [2] - Despite the delays, Ortberg stated that no new technical problems have been identified with the aircraft [2] Industry Context - The announcement comes just six weeks before the Dubai Airshow, where Boeing first unveiled the 777X in 2013 [2]

Boeing declined to comment. Several Wall Street analysts expect Boeing to announce a charge related to the delay ranging from $1 billion to $4 billion in its third-quarter earnings report later this month. Live Events The company was expected to deliver the first 777X jet in 2026, already six years later than had been anticipated when the program was launched in 2013. The planemaker has already taken more than $10 billion in charges on the program. Investment analysts lowered their free cash flow projecti ...

Boeing 777X Delays - Boeing's 777X commercial debut has been postponed to early 2027, a delay from the previously targeted 2026 [2][8] - Analysts estimate potential non-cash accounting charges for Boeing could range from $2.5 billion to $4 billion due to these program delays [2][8] - The delays are primarily due to a complex certification process, described by Boeing CEO as a "mountain of work" [3] Impact on Airlines - Deutsche Lufthansa AG has adjusted its fleet plans, opting not to include the 777X until 2027 [3][8] - Emirates, the largest customer for the 777X, is reportedly becoming more cautious regarding the aircraft's entry into service [3][8] - Airlines are extending the operational life of older aircraft to bridge the gap created by these delays [3] OpenAI and Apple Lawsuit - OpenAI and Apple have moved to dismiss a lawsuit filed by Elon Musk's xAI, which accused them of anti-competitive practices [4][5] - Apple argues that their agreement with OpenAI is "expressly not exclusive" and that xAI's claims of antitrust harm are speculative [5][8] - OpenAI's legal team characterized Musk's legal actions as a form of "harassment" or "lawfare" [5]

Boeing's 777X jet is slated to start flying commercially in early 2027 instead of next year, Bloomberg News reported on Thursday, citing people familiar with the matter. ...

Boeing’s 777X is slated to fly commercially for the first time in early 2027 instead of next year https://t.co/XDbQvr497o ...

Core Point - U.S. Senator Bernie Sanders has called on Boeing to end the ongoing eight-week strike in the St. Louis area, where the company manufactures military aircraft, including fighters and munitions [1] Group 1 - The strike has been ongoing for eight weeks, indicating a prolonged labor dispute that may impact production timelines and operational efficiency [1] - The St. Louis area is a significant production site for Boeing, focusing on military aircraft, which highlights the strategic importance of resolving the strike quickly [1]

The U.S. Department of Defense has issued an urgent call to America's missile makers: dramatically ramp up production to meet growing global threats. This directive constitutes a seismic shift in defense spending that could deliver massive gains for Boeing (BA), which holds some of the military's most critical missile contracts. Recent reports show the Pentagon aims to secure capacity for nearly 2,000 PAC-3 missiles from fiscal years 2024 to 2026 with a new $9.8 billion contract to Lockheed Martin (LMT). ...

Core Viewpoint - Boeing's stock has seen significant gains, with shares up 25% this year and nearly 40% over the last 12 months, indicating a positive market sentiment towards the company [1]. Production and Deliveries - Boeing has experienced a few good months in terms of deliveries and production, suggesting progress in operations [2]. - The focus for the upcoming earnings release will be on increasing the production rate of the 737 Max and the performance of the 787 production [3]. - There is a massive backlog of orders for Boeing, and the key challenge is to ramp up production to address this backlog [6]. Financial Outlook - The company is expected to have negative free cash flow for the full year, but there is potential for positive cash flow in the fourth quarter [9]. - Opportunities exist for Boeing to start paying down debt if they can achieve positive cash flow [10]. Market Demand - There are significant orders coming from markets like China, which is seen as a major tailwind for Boeing [5]. - The overall demand story for Boeing appears positive, with a shift towards production capabilities being crucial for future performance [7][8]. Credit Rating - Boeing currently holds a credit rating of triple B minus with a negative outlook, reflecting ongoing concerns about free cash flow [9].

Core Insights - The Boeing Company (NYSE:BA) received positive news from the Federal Aviation Administration (FAA), which allowed the firm to sign off on some Boeing 737 Max and 787 Dreamliner aircraft before delivery to customers [2] - Jim Cramer indicated that his trust has been purchasing Boeing stock aggressively, believing that significant orders were forthcoming from the President [2] - The stock price of Boeing fell from $225 to $215, presenting a buying opportunity according to Cramer [2] Company Developments - The FAA's recent decision marks a significant turnaround for Boeing, which had been restricted from issuing airworthiness certificates since 2019 [2] - Cramer noted that the CEO, Kelly Ortberg, had previously been conservative in his outlook, which contributed to the stock's decline [2] Investment Perspective - While Boeing shows potential as an investment, there is a belief that certain AI stocks may offer higher returns with limited downside risk [2]