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Boeing Reports $5.3 Billion Third-Quarter Loss Amid 777-9 Delays

Boeing Reports $5.3 Billion Third-Quarter Loss Amid 777-9 Delays
Delay in 777-9 Deliveries and Financial Impact
Boeing has announced a further postponement in the delivery schedule of its 777-9 widebody aircraft, now expecting first deliveries in 2027 rather than 2026. This revised timeline was disclosed alongside the company’s third-quarter financial results on October 29, resulting in a $4.9 billion charge that contributed to a net loss of $5.3 billion for the quarter.
CEO Kelly Ortberg acknowledged the adjustment in certification expectations, stating, “We’ve adjusted our expectations for certification and now anticipate the first delivery of the 777-9 in 2027. We are now moving forward with a higher-confidence plan and taking steps to improve our performance.” Ortberg had previously indicated the possibility of further delays due to certification challenges.
The substantial charge related to the 777-9 program has intensified concerns regarding Boeing’s capacity to engineer and certify new aircraft, particularly as the company continues to recover from the fallout of the 737 Max crisis. Market reactions have been mixed; while some investors remain cautious about the financial repercussions of the 777X delays, others have found encouragement in Boeing’s recent surge in orders, especially from Asia. Reports suggest Boeing is engaged in negotiations for a potential 500-plane deal with China, which could help mitigate some of the financial pressures.
Operational Performance and Regulatory Developments
Despite the significant loss, Boeing’s third-quarter results showed some positive trends. The $5.3 billion loss compares to a $6.2 billion loss in the same quarter last year. Revenue increased by 30 percent year-on-year to $23.3 billion, with the commercial aircraft division contributing $11.1 billion, marking a 49 percent rise. Boeing delivered 440 aircraft in the first nine months of 2025, up from 291 in the previous year, and secured orders for 821 jets, more than doubling the total from the prior period.
Ortberg also highlighted progress in other operational areas. The company has stabilized 737 production at 38 jets per month and recently received Federal Aviation Administration (FAA) approval to increase output to 42 jets per month, although the timeline for this ramp-up remains uncertain. Notably, the third quarter marked Boeing’s first period of positive free cash flow since 2023.
On regulatory matters, Boeing has seen improvements in its relationship with the FAA. The agency recently restored Boeing’s authority to issue certain 737 Max and 787 airworthiness certificates, permissions that had been revoked amid earlier quality and safety concerns. The company continues to pursue certification for the long-delayed 737 Max 7 and Max 10 variants, which have been held up by issues including a required redesign of the engine anti-ice system to meet FAA standards. Ortberg commented, “We’re moving forward with a solution set to address the engine anti-ice issue for the 737 Max airplanes. We are following the lead of the FAA as we work to certify the suite of design updates.”
Challenges Ahead
The latest delay in the 777-9 program underscores the ongoing challenges Boeing faces as it strives to restore confidence and regain its position in the global aerospace market. While the company has made strides in stabilizing production and improving regulatory relations, the path to full recovery remains complex amid certification hurdles and competitive pressures.

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