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Boeing 777X commercial debut pushed to 2027 amid certification delays
BusinessLine· 2025-10-03 01:33
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.Deutsche Lufthansa AG, the launch customer for Boeing's newest widebody aircraft, is already preparing for a setback and not including the 777X in its fleet plans until 2027, the report said, citing one of the sources.Boeing did not immediately respond to a Reuters request for comment.Also readThe company was expected to deliver the first 77 ...
Boeing 777X Faces Further Delays, OpenAI and Apple Seek Dismissal of Musk’s Lawsuit
Stock Market News· 2025-10-02 22:38
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]
Dassault Aviation: France Places New Falcon Albatros Order
Globenewswire· 2025-10-02 09:37
Core Points - The French Defense Procurement and Technology Agency (DGA) has placed an order for five Falcon 2000 Albatros aircraft as part of the Maritime Surveillance and Intervention Aircraft (AVSIMAR) program, with a total of twelve aircraft planned under this initiative [2] - Dassault Aviation, in collaboration with various French companies, is responsible for the development and production of the Falcon 2000 Albatros, which is based on the Falcon 2000LXS business jet [3][4] - The Falcon 2000 Albatros is equipped with advanced surveillance technology and is designed for various maritime missions, highlighting Dassault Aviation's extensive experience in maritime surveillance [5] Company Overview - Dassault Aviation has delivered over 10,000 military and civil aircraft, including 2,700 Falcons, in more than 90 countries, showcasing its global expertise in aircraft design and production [6] - In 2024, Dassault Aviation reported revenues of €6.2 billion and employs approximately 14,600 people [6]
X @Bloomberg
Bloomberg· 2025-09-30 16:45
Boeing's successor to the 737 can reestablish the company’s reputation as a premier producer of aircraft or sink its fortunes, @tomwblack says (via @opinion) https://t.co/ceDhP1GnEL ...
Boeing focuses on recovery, but watching market for new single-aisle jet
Reuters· 2025-09-30 14:59
Boeing said it is focused on the company's recovery, amid news reports of the U.S. planemaker developing a new single-aisle jet to succeed its best-selling jet, the 737 MAX. ...
Boeing Might Design a 737 MAX Replacement. This Is Big.
Barrons· 2025-09-30 09:38
Boeing might be ready to design a new single-aisle jet. It's first since the 737 MAX was announced in 2011. ...
Boeing In Preliminary Stages To Develop 737 Max Successor: Report - Boeing (NYSE:BA)
Benzinga· 2025-09-30 08:57
Group 1 - Boeing is in the early stages of developing a new single-aisle aircraft to replace the 737 Max Jet [1] - Boeing CEO Kelly Ortberg met with Rolls-Royce to discuss developing a new aircraft engine and has been designing a flight deck for the new narrow-body aircraft [2] - The development of the new aircraft is still in preliminary stages, with decisions yet to be finalized, while Boeing's recovery plan is progressing smoothly [3] Group 2 - The FAA may allow Boeing to regain control of aircraft safety checks, enabling Boeing employees to resume phased authority for safety sign-offs on 737 MAX jets [4] - Boeing secured significant orders from Norwegian Group and Turkish Airlines, with orders for 30 737-8 Jets and 75 787-Dreamliner Jets, and Turkish Airlines planning to purchase over 150 additional 737 MAX aircraft [5] - Boeing delivered the first 737 Max aircraft to VietJet Air after a 9-year wait since the order was placed [5] Group 3 - Boeing scores well on the Momentum metric but has poor Growth metrics, with unfavorable Short and Medium-term price trends, while showing a favorable Long-term price trend [6]
Boeing Has Started Working on a 737 MAX Replacement
WSJ· 2025-09-30 01:00
While CEO Kelly Ortberg has stressed focusing on fixing quality and financial concerns, a new narrow-body plane remains in development. ...
Boeing Price Target Reaffirmed At $250 By RBC After FAA Update
Financial Modeling Prep· 2025-09-29 19:55
Group 1 - RBC Capital Markets reiterated its Outperform rating and $250 price target on Boeing, citing progress on regulatory approvals for key aircraft programs [1] - The Federal Aviation Administration has permitted Boeing to resume issuing airworthiness certificates for the 737 MAX and 787 models, which is seen as a positive signal for investor confidence [1] - Although production ramp-up to 42 per month for the MAX has not yet been authorized, the update is viewed positively by RBC [1] Group 2 - RBC adjusted its model to account for an anticipated charge on the 777X program and its impact on free cash flow in 2026–2027 [2] - Despite the adjustments, Boeing's fundamentals are considered strong, justifying the Outperform rating and $250 price target [2]
FAA Gives Boeing ‘Limited Authority' To Certify 737 And 787 Planes
Forbes· 2025-09-27 09:15
Core Points - The FAA has reauthorized Boeing to issue limited airworthiness certificates for its 737 and 787 aircraft, restoring some of Boeing's designee authority which had been suspended due to safety management system failures [2][4] - The FAA's decision is a cautious step to ease oversight restrictions, which is crucial for Boeing's recovery [4] - Boeing has faced increased oversight and a mandated production cap of 38 737 aircraft per month, while aiming to increase production to 42 aircraft per month [3][11] Oversight and Delegation - Delegated authority allows manufacturers to approve compliance steps through Organization Designation Authorization (ODA), and Boeing's loss of this privilege highlighted issues in its safety management systems [5] - The FAA's increased oversight followed a six-week audit that revealed a lack of safety culture at Boeing's facilities [6] Cultural and Quality Reforms - Boeing's CEO has emphasized the need for a cultural and operational reset, focusing on closer leadership engagement with production teams [7][8] - The company has implemented a safety and quality plan with key performance indicators to track production stability, which the FAA is also monitoring [10] Future Outlook - Regaining limited designee authority is critical for Boeing to restore credibility with global regulators and ease delivery bottlenecks, as the company aims to increase production rates [11] - The FAA will continue to monitor Boeing closely, and the company must demonstrate sustained cultural and operational changes for full confidence to be restored [12]