CEO Kelly Ortberg revealed that the 777X jet is delayed again, now not reaching customers until 2026, compounding years of setbacks in its troubled development.
Boeing’s repeated delays not only increase costs and decrease cash flow but also damage trust with committed customers, who are frustrated by the ongoing issues.
With the recent announcement of ending the 767 freighter manufacturing, Boeing's decision opens opportunities for Airbus, which can offer its A350 and A330 freighters to customers.
The lingering challenges with the 777X and previous issues with the 737 and 787 highlight Boeing's struggle to regain confidence in its passenger aviation business.
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