Boeing Hit With $4.9BN Charge After Another 777X Delay Pushes Plane Debut To 2027 https://t.co/yNB0RsmMbG
— zerohedge (@zerohedge) October 29, 2025
Boeing is back to its old ways:
Shares of the aerospace giant slumped after Boeing announced a $4.9 billion accounting charge and another delay for its 777X jetliner, now expected to enter service in 2027, a reminder of the long recovery ahead for the troubled planemaker even as rising aircraft deliveries bolster its cash, with the company announcing that 737 production was now at a rate of 42 jets per month.
The non-cash writedown overshadowed third-quarter earnings, with a $7.47 loss per share that was wider than the $4.44 deficit predicted by analysts. Revenue was $23.27 billion, compared with the $22.3 billion average estimate.