Boeing's 777X Faces New Delay, Now Targeting 2027 Debut
Boeing's BA most important new jet, the 777X, is facing yet another delay this time, commercial service isn't expected until early 2027 instead of next year, according to Bloomberg.
That fresh pushback is more than a scheduling headache. Analysts say Boeing may be forced to take a hefty accounting charge of $2.5 billion to $4 billion tied to the program, adding to the company's financial strain. For airlines counting on the new widebody, patience is wearing thin. Lufthansa, the official launch customer, has quietly removed the 777X from its fleet planning until 2027. Emirates, which holds the largest order book, is said to be taking a more cautious stance as well.
The 777X was meant to be Boeing's answer to Airbus in the lucrative long-haul market, but it's now six years behind schedule. Investors will likely press executives for answers during the October 29 earnings call, when Boeing is expected to outline the financial fallout.
For a company already grappling with production setbacks and customer frustrations, the latest 777X slip underscores just how much is riding on this aircraft.