Boeing reports $11.9 bn annual loss after hit on 777X delay

AFP

2021/01/28 | 714 words | LE JOURNAL DE L'AVIATION | INDUSTRY / TECHNOLOGY
Boeing reports $11.9 bn annual loss after hit on 777X delay © Boeing

Boeing closed the books on a bruising 2020 by announcing another unpleasant surprise on Wednesday: a $6.5 billion hit from delays to its new 777X plane that exacerbated the aerospace giant's annual loss.Boeing, which saw its revenues ravaged by the commercial airline downturn sparked by the Covid-19 crisis and the 20-month grounding of its 737 MAX model, now expects first deliveries of the wide-body 777X in late 2023, compared with the earlier timetable of 2022.The accounting for the 777X pr...(…)

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