Boeing 777X to Debut in 2020 Despite Order Struggles

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Boeing will be debuting their Boeing 777X aircraft in 2020, which will be able accommodate as many as 425 passengers. However, the airplane manufacture is struggling with orders for this new plane.

Per CNN Money,

The biggest names in global air travel have signed up for Boeing’s enormous new 777X airliner. But nearly all of them are facing problems that could make it hard for them to go ahead with their purchases.

The airliner, which will seat 350 to 425 passengers, is set to debut in 2020. Boeing’s factories are gearing up for production of the 777X later this year. Boeing (BA) calls it “the boss,” and it has the largest jet engines the aerospace industry has ever developed.

Seven airlines have ordered 340 of the planes. But six of those companies, which account for more than 90% of the orders, are each facing various business challenges.

Bottom Line

With regards to orders, two customers the airline was counting on were Qatar and Etihad Airways, both which now may be changing their plans, however neither has changed their order yet. Orders were initially placed back in 2013 for the plane, where carriers wanted them as soon as possible, which is now no longer the case.

Despite, several airlines changing their plans on the Boeing 777X, the aircraft manufacture is still encouraged as they haven’t entered the China market yet since the carriers are more focused on their short term aircraft strategy.

Do you think the Boeing 777X will be a success? Feel free to share your thoughts below!

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