The 777X, a larger version of the 777 mini-jumbo, touched down at the historic Boeing Field outside Seattle at 2 pm (2200 GMT) after a debut which began almost four hours earlier at Boeing’s.
- Dec 15, 2020 The 787-10 cannot compete with the A350 in size and range. Continuing the legacy 777 is not an option as its economics are inferior to the A350. However, the 777X’s outlook is problematic,.
- What is the 777-10x? What would it do? What aircraft would it rival and why haven't we seen it? In today's video, I go in-depth with the Boeing 777-10x, an a.
Boeing's (NYSE: BA) decision to further delay the debut of its 777X widebody jet puts a significant portion of the jet's order book at risk, highlighting the dangers the aerospace giant still faces even as the pandemic recedes.
The 777X was supposed to be in service by now, but Boeing delayed its debut, initially until 2022 and more recently until late 2023. The company is still reeling from the 20-month grounding of another of its aircraft, the 737 MAX, after a pair of fatal accidents. The 777X delays are due, in part, to greater regulatory scrutiny over the new plane certification process.
The delays could take their toll. In its annual form 10-K filed Monday, Boeing reduced the number of firm 777X orders to 191. That's 38% below the number of orders the company lists on its web site.
Boeing told Bloomberg, which first reported the reduction, that the drop is due to an accounting standard that requires the company to remove sales that are at risk of falling through. Mich lottery 3 digit. With the plane now delayed until 2023, some customers have the right to walk away from their sales contracts.
Boeing has invested billions in the development of the 777X, taking a charge of $6.5 billion in the fourth quarter related to delays in the program. However, it is facing a difficult sales environment for the plane. The pandemic has caused airlines to scale back their fleets, and with international travel expected to recover later than domestic flying, there is not a lot of demand for large, ocean-spanning jets like the 777X.
It is not certain that any customer will exercise their option to walk away, but customers are at least considering it. Emirates, the Middle Eastern airline that accounts for about one-third of the 777X order book, has said it could swap some of its orders with smaller 787 Dreamliners.
Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.SPONSORED:
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Boeing 777 10
To access the Airbus A380, Boeing considered to offer the new 777 X in an extended version. The 777X-10 should contain more passengers.
He's not a bestseller. Yet the Airbus A380, the Boeing 747-8 in the way, which is selling much worse thanks to higher costs per seat. Currently it is 319 to 125 firm orders. The American aircraft maker wants to change this apparently.
Boeing thinks according to the news agency Bloomberg, to stretch the largest variant of the 777 X, to access to the A380. The Americans have gone to various airlines to test how demand 777 X would be after a larger, which is to say 777X-10. Also Emirates should be been requested according to Bloomberg.
Four additional series
The 777X-9 offers passengers in a two-class configuration of 400 to 425. The first units of the improved version of the long distance classic Boeing 777 will be delivered starting in 2020. Customers are under Other Lufthansa, Qatar, Etihad and Emirates. GE Aviation provides the engines, the GE9X.
The Boeing 777X-10 would be an extended 777X-9, which has around four additional rows. She would thus cover passengers to the 450 to 460. Thus it would be but still smaller than the Airbus A380. In it, 644 people found in two classes. There are 455 for four classes, many airlines fitted but fewer seats. Korean Air, for example, has 407 Chair in the A380, Emirates 497, Lufthansa 526.