Boeing’s 777X widebody jet faces a significant delay, now expected to enter commercial service in early 2027 instead of next year. The delay could lead to non-cash accounting charges between $2.5 billion and $4 billion. Launch customer Lufthansa and top buyer Emirates have adjusted fleet plans in response. Boeing executives have met with investors to manage expectations, emphasizing the impact will be spread across the jet program. The 777X is crucial in Boeing’s rivalry with Airbus in the long-haul market. The company will address the delay and financial implications in its October 29 earnings report.

Read more at Nasdaq: Boeing’s 777X Delayed To 2027, Potentially Triggering Up To $4 Bln In Accounting Charges : Report