Boeing's 777X Delays Continue, Testing Now Expected Through 2027
Boeing's shares have fallen due to news that some testing for its upcoming 777X model will spill into 2027. Despite this, the company reiterated that deliveries of the long-delayed model are on track to begin next year. The delay is attributed to pending certification of a seal on the GE Aerospace turbine that powers the jet.
The Boeing 777X has been delayed multiple times and the latest news may be concerning for investors who were expecting progress. However, Boeing's statement clarifies that deliveries will still start in 2027 as planned.