Boeing discloses $1.5-bln hit from halt to 777x production; submits plan for Dreamliner

A Plane Boeing 777X performs during the Dubai Airshow, in Dubai, United Arab Emirates, November 14, 2021. REUTERS/Rula Rouhana/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterApril 27 (Reuters) – Boeing Co (BA.N) said on Wednesday it was halting production of 777x through 2023 due to certification problems as well as weak demand for the wide-body jet, and disclosed $1.5 billion in abnormal costs related to the program.Shares of the planemaker fell 4% to $160.32 before the bell.For its troubled 787 Dreamliner program, the planemaker said it has submitted a certification plan to the U.S. regulator in a step toward resuming …
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