Boeing to delay 777X up to a year as demand drops for big jets: Report

Boeing Co is preparing to delay its all-new 777X jet by several months or up to a year, three people familiar with the matter said, as the Covid-19 crisis exacerbates a drop in demand for the industry's largest jetliners.

Boeing hopes to bring the jet to market as passenger travel rebounds after a downturn caused by the pandemic. It would also hope for a detente in a trade war between Washington and Beijing, which has sidelined crucial Chinese aircraft buyers. But stretching out the development opens up fresh risks for Boeing, such as losing engineering attention and momentum, and tougher