Boeing 2023 Calendar

Boeing 2023 Calendar – If the company meets its latest development goals, Boeing's 777-9 will not enter service until the end of 2023. (Photo: Boeing)

Boeing revised its development schedule for the 777X to show the first delivery at the end of 2023 and the renewal of the 787 Dreamliner in the first quarter. In his speech on Wednesday in the fourth quarter of 2020, Boeing CEO David Calhoun said that the delay of the 777X was focused on three important factors, including a new review of the certification requirements of the world involved in the creation of the 737 MAX.

Boeing 2023 Calendar

"We are working closely with international authorities on all aspects of the 777X development," Calhoun said. "This includes listening to all of their input and applying the lessons learned from our experience in the re-certification of the 737 Max program and applying them to our 777 certification plans. It also includes making careful changes or if necessary to meet the expectations of many international authorities. .

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As part of its review, Boeing decided to make "special changes" in the design of the aircraft, including changes in the use of electronics, both software and hardware, to reflect from it "the judgment of the company at the moment of the expectations of compliance of the world," he said.

Calhoun also mentioned the low long-term expectations for passenger traffic caused by the Covid pandemic, especially on long-haul routes, due to the expected change in the wave in the 777X's capacity line to go "south ". Finally, the customers of the 777X have requested a delay in delivery due to their expectations for their own aircraft needs in the next year.

"These general market conditions, along with our discussions with our customers about the timing of market priorities, informed our current thinking," Calhoun said. As a result, Boeing took a $6.5 billion charge in the fourth quarter and adjusted its operating plans to reflect a 50-point reduction in the program inventory from 400 to 350 aircraft. However, Boeing is implementing 1,500 larger aircraft in the 777X family over the next 20 years.

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Separately, Calhoun reported that tests and repairs to add bodies to 80 Dreamliners in research forced the company to delay the re-entry of the general from the end of last year to the "end of the first quarter" of this year. Last September, Boeing discovered that engineers had installed some parts of the horizontal stabilizer with greater strength than required by the engineering specifications. Errors can cause incorrect access to be confirmed or workers to blink when installing parts. The delivery of the problem was further slowed down after the company's special tests to improve the problems with the skin of the fuselage and the shine in the wing fairings were discovered earlier in 2019. On Wednesday, it was not allowing Calhoun to determine the exact location of the body. Deliveries were suspended in the fourth quarter, saying they did not present a safety issue.

"Since the last quarter, we have expanded the scope of those tests to include work done on our customer partners," he said. "Our review shows that no issues have been identified that indicate a safety concern for the aircraft."

"We've been able to determine the resolution for many of the areas that were previously identified, including our main communication areas," Calhoun added. "In some cases, testing and repair is required and in other cases, no further work is required. Good progress is being made and the analysis of some remaining parts is being completed to confirm the next steps. as we see today, these The work will be done. It may take several weeks, but we are giving our engineers enough time to complete that analysis. We are implementing changes in the manufacturing process to ensure that the new aircraft that were built meet our specifications and do not require additional testing.

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Calhoun also confirmed that Boeing will not deliver the 787 this month, and few, if any, in February. Boeing plans to reduce production to five planes a month after final assembly at its Charleston, South Carolina plant in March PLAN – Boeing has confirmed that the first delivery of the 777-9 will be done in 2025. Special about the special quarter. The airline has revised the 777X program, which "reflects a new assessment of the time required to meet certification requirements," it said in its Q1 2022 earnings announcement on April 27. Boeing has suspended production of the 777X and delayed delivery to 2025.

The new delay in the program was first reported last week by Air Current and Reuters, which based their stories on unnamed sources with the airline. A major reason for the delay is not only the 777X's certification requirements, but two other commercial aircraft programs that are under time pressure: the 787 and the MAX 10 (more on them later).

In the original schedule, the first delivery of the 777-9 was planned for 2019. In January 2021, CEO David Calhoun announced the delay until today, with the certification in end of 2023 and delivery in late 2023/early 2024. The new year is now added to the schedule. The decision reflects the difficulty the FAA and management have had with Boeing since the MAX case. Calhoun said: "Part of our 777X, which will go in 2025, will use all the lessons we learned from other programs such as the original MAX, the 787, the MAX 7 and the time now it's -10. It's definitely a tougher process we're going through. Everything's happening. All the T's have to be dotted, all the T's have to be crossed. Together and all the evidence, we know it's going to be a little longer and a little deeper than before." The 777-9 logged more than 2,000 flight hours in a series of tests at the end of Q1.

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As a result of the new delay, Boeing will stop production of the 777-9 from now until 2023. "This action will reduce inventory, reduce the number of aircraft needed the conversion and integration, and protect the expenses on the balance," said. Chief Financial Officer Brian West. This will result in special costs of $1.5 billion from Q2 of this year until production resumes. Boeing has already taken a $6.5 billion first tax on the 777X in its 2020 results. At the end of Q1, the cost of production was $1.091 billion, and it was $3.572 billion. Six 777-9s for Emirates, five for Lufthansa, three for ANA and one for Qatar Airways have been installed or are being planned, and various aircraft are currently in storage.

With the 777-9 ending production, Boeing is using capacity to add space for the current 777F in the 2024-2026 period. Once the production of the 777-9 resumes, the combined 777/777X was planned for the second half of the year at a high rate that could increase the rate in three months. Boeing said that "manufacturing adjustments" to add capacity to the 777 freighter begin at the end of 2023. The 777F has won 42 orders in 2021 and 19 this year. This does not include orders for the new 777-8F from Qatar Airways and Ethiopian Airways (unconfirmed) that began in January. The 777-8F is scheduled to enter service in 2027.

Thanks to new cargo orders and future sales expectations, Boeing has reduced the number of orders for the 777X overhaul in February 2021 from 400 to 350. In addition, there are some obstacles that confused Order orders, so Boeing added the 777X (and MAX…) with special orders in the section called ASC 606 adjustments, according to its 10-Q filing. The program continues to have a reduction in revenue, but the level of profit depends on many factors that may lead to another breakdown.

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Restarting 787 deliveries is in the hands of the FAA. This is a Gulf Air 787-9. (Richard Schurman)

On the 787, Boeing submitted an approval plan to the FAA last week and is now awaiting approval in order to resume deliveries. "Rehabilitation of the first aircraft has been completed and the company is working closely with the FAA as sales resume." Calhoun said: "We also completed the necessary work on the first flight and are conducting Boeing check flights." Deliveries of the Dreamliner have been suspended since May of last year because the FAA needs to fully understand and verify the quality of manufacturing and components and components in the past. .

Calhoun believes that Boeing has done its homework: "We have organized a lot of work in our facilities, improved information and everything is included in the documents that were submitted to the FAA." But he did not want to confirm media reports that 787 deliveries will start again in July: "I will be disturbed when I see a result in terms of FAA certification, but I can tell the FAA quality package. Their fingers are on all of us as Hari guides us every step of the way. It's a long, hard race but I

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