Taylor Rains/Business Insider
When CEO Kelly Ortberg announced last Friday that 10% of employees would be laid off, he also said the first delivery of the 777X would be delayed to 2026.
In a preliminary third-quarter earnings report the same day, Boeing said this delay would cost $2.6 billion.
The 777X is assembled at a factory in the Seattle area, where 33,000 union members have been on strike for a month in an increasingly heated dispute.
Clark told The Air Current in June that he expected delivery of the plane in the second quarter of 2026 — but Boeing’s latest announcement appears to have increased frustrations.
Sheikh Ahmed bin Saeed Al Maktoum, the Emirates CEO, previously said the 777X delays would force it to use existing jets for longer than planned, Reuters reported.
Boeing did not immediately respond to a request for comment from BI.
“While our business is facing near-term challenges, we are making important strategic decisions for our future and have a clear view on the work we must do to restore our company,” Ortberg said Friday.
Boeing’s share price has fallen 40% since the start of the year and was down 2% in pre-market trading.