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Boeing takes near $5 billion hit on 777X program
Reuters· 2025-10-29 11:38
Core Insights - Boeing reported a charge of nearly $5 billion related to delays in its 777X jet program [1] Financial Impact - The charge of nearly $5 billion indicates significant financial implications for Boeing, reflecting the ongoing challenges in the 777X program [1]
Boeing delays first 777X delivery to 2027, raising cost concerns: Report
The Economic Times· 2025-10-03 01:31
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 ...