Boeing reports a record annual loss of nearly $12 billion and delays its 777X jet to 2023 - Business Insider

The US planemaker also delayed the debut of its new 777X jet until 2023.Boeing reported a record $11.9 billion annual loss on Wednesday as it delayed its brand new 777X jet again and booked a $6.5 billion charge for the program.

The company has been developing the widebody jet with the goal of releasing it in 2022, already two years later than planned. Boeing said it expects to resume the shipments of its wide-body 787 Dreamliners in 2021 as air travel recovers.Boeing may have to shell out billions to airlines after regulators erased one of the 737 Max's key selling points

What’s their $ 👀

How are you not bankrupt already? How?

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