777X certification delay to 2027 confirmed; Singapore Airlines in talks for 50+ big jets; Qantas weighing 20 wide-body jets signals sustained demand but competitive battle
Key Questions
What is the latest on 777X certification timing?
FAA Administrator Bedford confirmed the 777X certification will slip to 2027, seven years behind the original schedule and accompanied by $15B in overruns.
Which airlines are showing interest in Boeing's widebody jets?
Singapore Airlines is in early talks for 50+ 777X or A350-1000 aircraft, while Qantas is weighing an order for 20 widebody jets from either Boeing or Airbus.
How does the 777X delay affect Boeing competitively?
Each delay strengthens the Airbus A350's position in the widebody market and adds pressure on Boeing's cash flow generation from that segment.
FAA Administrator Bedford confirms 777X certification slips to 2027, seven years late. Each delay strengthens Airbus A350 position and pressures widebody cash flow. $15B overruns, 'hot brakes' risk. Positive signals: Singapore Airlines in early talks for 50+ 777X or A350-1000; Qantas mulling 20 wide-body jets (Boeing vs Airbus) – indicating sustained widebody demand despite delay. Competitive dynamics with A350 remain key.