Certification, Contract Challenges Drive Boeing First-Quarter Losses

April 29, 2022
boeing 777x production line
Before it decided to suspend 777-9 production through 2023, Boeing appears to have assembled at least 28 of the model, including four flight-test aircraft and two ground-test airframes.
Credit: Guy Norris/AW&ST
Amid delayed development programs, a first-quarter balance sheet covered in red ink and delivery uncertainties, Boeing acknowledges that it faces another tough year as it reprioritizes engineering resources and struggles with cost overruns on flagship commercial and defense programs. Boeing confirms...

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