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12h ago

Boeing 777X Delay to Early 2027 Reported, Setting Up Multibillion-Dollar Charge

Boeing has been meeting major investors to manage expectations over lagging FAA certification.

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A Boeing 777X testbed aircraft (Photo: AirlineGeeks | William Derrickson)
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Overview

  • Bloomberg reporting indicates the first 777X deliveries are now expected in early 2027 rather than next year.
  • Analysts estimate a non-cash accounting charge in the range of about $2.5 billion to $4 billion, though Boeing has not specified an amount.
  • Launch customer Lufthansa has excluded the jet from its fleet plans until 2027, and Emirates is taking a more cautious stance on entry into service.
  • CEO Kelly Ortberg recently said certification work is running behind due to the slower pace of safety testing with FAA pilots and inspectors, with no new technical issues cited.
  • The program is already in a reach-forward loss after more than $11 billion in overruns, and CFO Jay Malave is assessing the impact ahead of an Oct. 29 earnings update while Boeing declined comment during a quiet period.