Boeing shares dive as 777X delay, Air Force One woes lead to $1.2 bn loss
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DefenceTalkBoeing shares were in free-fall early Wednesday after the aviation giant reported a $1.2 billion loss in an ugly quarter weighed down by fresh one-time costs on its Russia business, the Air Force One presidential jet and the new 777X plane. Shares were down around nine percent at $152.30 in early trading after Boeing’s results […]https://www.defencetalk.com/boeing-shares-dive-as-777x-delay-air-force-one-woes-lead-to-1-2-bn-loss-78737/
Boeing suspends test on long-haul 777X aircraft
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New York: Boeing has suspended a test on its new long-haul 777X aircraft, the company said Friday, a setback that comes as it battles to rebound from the crisis surrounding the 737 MAX. The so-called “final load” tests are part of the aircraft certification process, overseen by inspectors from the Federal Aviation Administration (FAA), and […]