"On Thursday, Bloomberg reported that the revolutionary jetliner, featuring folding wingtips and increased fuel economy compared to competitors, is now targeting a 2027 entry to service. That's seven years later than its original 2020 timeline. The outlet said German flag carrier and launch customer Lufthansa was removing the 777X from its 2026 fleet plan to account for the new delay, citing sources familiar with the program."
"More than a dozen airlines have placed about 600 orders for the twin-engine 777X. Boeing told Business Insider that it is unable to comment due to its pre-earnings quiet period. Lufthansa did not immediately respond to a request for comment. The report comes after Boeing CEO Kelly Ortberg said at a September Morgan Stanley conference that certification issues were pushing the 777X further behind schedule, but he did not give exact timing."
"Aviation analyst Richard Aboulafia told BI on Monday that the "good news" is that this delay does not appear to be due to another technical issue, which contributed to Boeing's 2024 decision to delay the plane to 2026. "A lot of it seems to be due to factors that aren't in their control; FAA bandwidth worsened by a government shutdown," he said."
Boeing's 777X program is now targeting a 2027 entry into service, seven years later than its original 2020 timeline. The jet features folding wingtips and improved fuel efficiency. About 600 orders from more than a dozen airlines, including Lufthansa and Emirates, are affected. Lufthansa removed the 777X from its 2026 fleet plan. Boeing cited a pre-earnings quiet period for no comment. CEO Kelly Ortberg attributed further slippage to certification issues. Analysts warn of large financial consequences, including a possible $4 billion charge, and point to FAA bandwidth and a government shutdown as contributing factors.
Read at Business Insider
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