October 29, 2025 7:11 PM
Boeing takes near $5 billion hit on much-delayed 777X program
Boeing pushed the first delivery of its long-delayed 777X jet program out to 2027 and took a nearly $5 billion charge due to the delays, in another series of setbacks for the aerospace giant. The 777X was central to Boeing’s long-term widebody strategy, previously dominated by its iconic 747 and 777 jets. But repeated certification and production delays have pushed back deliveries by years, piling up charges of over $15 billion and straining its finances, while giving an opening to rival Airb...


