Boeing 777X Said to Be Delayed to 2027, Costing Billions

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].