- Boeing (NYSE:BA) says it has pushed back the entry into service of an ultra-long-range version of its forthcoming 777X widebody, in the latest fallout from the ongoing crisis surrounding its 737 MAX jet.
- Australia's Qantas Airways (OTCPK:QABSY) had hoped for first deliveries of the 777-8 planes in 2022 and the launch in 2023 of 21-hour non-stop Sydney-London flights, which would be the world's longest commercial flight.
- "The adjustment reduces risk in our development program, ensuring a more seamless transition to the 777-8," Boeing says. "We continue to engage with our current and potential customers on how we can meet their fleet needs. This includes our valued customer Qantas."
- The decision effectively means Boeing has halted development work on the ultra-long-range version of the 777X, a delay that could jeopardize competition with Airbus (OTCPK:EADSY) for a piece of the ultra-long-haul travel market.