Boeing has reported a staggering $4.9 billion charge in its third-quarter 2025 results due to continued delays in the 777X program, taking the company’s total quarterly loss to about $5.4 billion. The 777X, first announced in 2013, now faces another setback.
Delivery Pushed to 2027
The widebody jet’s first delivery has been postponed to 2027, a full year later than the previous target. The project’s total development cost has now reached nearly $15 billion, making it one of the most expensive aircraft programs in Boeing’s history.
Revenue Grows Despite Heavy Loss
Even with the massive write-down, Boeing recorded a 30 percent rise in quarterly revenue, reaching $23.3 billion. The increase came from delivering 160 commercial jets the company’s highest output since 2018 — alongside $1.1 billion in positive operating cash flow.
Strong Backlog Boosts Outlook
Boeing also reported a robust order backlog worth $636 billion, covering more than 5,900 aircraft. CEO Kelly Ortberg reaffirmed confidence in the 777X, saying it continues to perform well in tests. He emphasised Boeing’s commitment to completing certification and stabilising operations.
FAA Delays Slow Certification
Insiders suggest the delay stems more from the Federal Aviation Administration’s slower approval process than from technical issues. In a separate development, Boeing reached an understanding with the FAA to raise monthly production of the 737 MAX from 38 to 42 aircraft.
Balancing Progress and Challenges
While Boeing shows gradual financial recovery, the 777X setback remains a major hurdle. After years of safety crises and regulatory scrutiny, the company still faces the difficult task of rebuilding credibility and ensuring smoother execution of its upcoming programs.
