Boeing has racked up another massive quarterly loss by again delaying delivery of its first 777X until 2027.
The planemaker posted a net loss of more than $5.3 billion in the third quarter of 2025, driven largely by its Commercial Aircraft division, which includes the 737, 777 and 787 programs. In October, Boeing reached an agreement with the FAA to increase 737 production from 38 to 42 per month.
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Although Commercial Airplanes’ revenue rose to $11.1 billion, primarily reflecting higher deliveries, the division still lost about $5.4 billion alone, due largely to the 777X program.
“During the quarter, the company updated its assessment of the 777-9 certification schedule and now anticipates first delivery in 2027, resulting in a charge to pre-tax earnings of $4.9 billion,” the company said in an earnings release.
While no Australian airline has an order for the 777X, several foreign airlines flying to Australia, including Cathay Pacific, Emirates and Singapore Airlines, have ordered the next-generation widebody aircraft, an upgrade to the existing 777 platform.
“With a sustained focus on safety and quality, we achieved important milestones in our turnaround as we generated positive free cash flow in the quarter and jointly agreed with the FAA in October to increase production from 737 to 42 per month,” said CEO Kelly Ortberg.
“While we are disappointed by the delay in the 777X schedule, the aircraft continues to perform well in flight testing and we remain focused on the work ahead to complete our development programs and stabilize our operations to fully recover our company’s performance and restore confidence with all of our stakeholders.”
The news comes as Boeing is rumored to be in the early stages of work to replace the 737 MAX family from scratch.
According to reportsOrtberg met with Rolls-Royce officials in the United Kingdom earlier this year to discuss engine options for the plane, while “a person familiar with the plans” said Boeing was designing a flight deck for a new narrow-body plane.
Virgin Australia is currently the only Australian airline operating the 737 MAX 8, although both it and Qantas fly the older 737NG family, which includes the 737-700 and 737-800. Virgin currently has 14 MAX 8s in its fleet and last year converted several MAX 10 orders to MAX 8s due to delays.
Boeing’s current commercial aircraft portfolio totals more than 5,900 aircraft valued at $535 billion.
