Boeing Reports $5.4B Q3 Loss Amid 777X Delivery Delays

Boeing reported a $5.4 billion third-quarter loss after taking a $4.9 billion charge tied to continued certification and delivery delays for its long‑delayed 777X, which it now expects to begin deliveries in early 2027. CEO Kelly Ortberg said the 777X has performed well in flight testing and pledged to stabilise operations and “restore trust” after safety lapses and labour disputes. Revenue rose to about $23.3 billion (roughly a 30% year‑over‑year increase), deliveries rebounded — 55 jets in September and 440 in the first nine months — and Boeing posted positive free cash flow for the first quarter since 2023. The $4.9 billion charge, which Boeing says covers penalties and extended production costs, brings cumulative 777X‑related charges to roughly $15 billion and has handed rival Airbus an opportunity in the widebody market as international travel demand grows. Regulators have eased some production restrictions, including allowing 737 MAX output to increase to 42 jets per month, but ongoing FAA certification delays remain the principal obstacle to the 777X programme’s recovery.