Boeing falling behind on certifying its 777X, CEO says

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Boeing CEO Kelly Ortberg said on Thursday that the planemaker is behind schedule on certifying the 777-9, its newest widebody jet.

The company expects to deliver the first 777X jet in 2026, six years later than anticipated when the program was launched in 2013.

A "mountain of work" remains to certify the plane, but no new technical problems have been identified, Ortberg said while speaking at the Morgan Stanley Laguna Conference.

But "even a minor schedule delay on the 777 program has a pretty big financial impact" for the company, which has already lost several billion dollars on the program, he noted.

Inflationary pressure across Boeing's supply chain is affecting airplane pricing, he said.

However, he