Boeing's Turnaround Efforts Hit by Production Delays and Certainty Concerns

Boeing's turnaround is expected to take longer than anticipated due to production delays and pressure on manufacturing. The upcoming summit between Chinese President Xi Jinping and US President Donald Trump will likely discuss Boeing's issues in China, where orders for the US manufacturer remain at 200 'large' aircraft announced by Trump during his last visit in May.

Boeing's CEO, Kelly Ortberg, has expressed caution regarding future orders, citing past experience. Regaining a stronger foothold in the Chinese market remains a strategic objective for Boeing, aiming to make up ground in the world's second-largest commercial aviation market.

The 777X programme is facing further manufacturing delays, with some testing activities expected to extend beyond the end of the year. The certification of certain components of the GE9X engine, manufactured by GE Aerospace, could create 'some difficulties' between now and the end of the year.