By Jon Hemmerdinger2021-01-27T15:26:00+00:00
US manufacturing giant Boeing lost a staggering $11.9 billion in 2020, due partly to a $6.5 billion charge on its 777X programme but also the 737 Max grounding and the Covid-19 pandemic’s evaporating effect on travel demand.
In disclosing its full-year results on 27 January, the Chicago-based airframer says it has delayed its 777X programme by another year, with first delivery of its 777-9 now scheduled for late 2023.
The 2020 loss highlights a storm of separate and related pressures facing Boeing, chief among them the pandemic, which hit just as the company was working to bring its 777-9 to market and get hundreds of grounded 737 Max aircraft back into service.
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Boeing has won a contract award from the U.S. Navy to update the courseware and software for the Navy’s P-8A Poseidon training system.
Under the four-year, $194 million agreement, Boeing will upgrade devices at three locations for the U.S. Navy and the Royal Australian Air Force to reflect the latest configuration of the Poseidon maritime patrol aircraft.
“With increasing demand for realistic training that is concurrent and affordable, the P-8A training system gives pilots, air crews and maintainers the most immersive environment at a fraction of the cost to train in a P-8A,” said Pat Walsh, vice president of U.S. Navy & Marine Corps Services for Boeing Global Services and retired Admiral. “Boeing is proud to provide a high-fidelity experience that offers a seamless transition from classroom to aircraft.”