Boeing resumed production of the wide-body 777X in the last quarter of 2023, the company said in an earnings report released on January 31.
The largest wide-body aircraft currently available, the new generation of the 777 had its assembly paused in April 2022 when the planemaker admitted that the entry into service of the 777-9 variant would be postponed until 2025.
At the time, the company revealed that the Everett assembly line would be paused until 2023. In the meantime, Boeing would make adaptations to the facilities to produce the 777-8F cargo version.
Boeing says it has 510 gross orders for the 777X family, which also includes the longer-range 777-8, but with fewer seats. Total net orders are 453 aircraft (355 777-9, 55 777-8F and 43 777-8).
The company declined to share its 2024 guidance for now as it deals with scrutiny over production failures of its 737 MAX jets.
Despite this, Boeing revealed that the production rate of the narrow-body twin-engine aircraft reached 38 aircraft per month, seven more than what occurred in the middle of last year.
The 787 Dreamliner also saw an increase in production, which now stands at five aircraft per month compared to four last year.
Loss in 2023 was lower
Despite having recorded a loss of US$2.2 billion in 2023, the numbers were more positive than expected, compared to the poor result of 2022, when it lost US$5.1 billion.
The Boeing Defense, Space & Security division accounted for $1.8 billion of last year’s loss, leading the losses. Even so, the result was much less negative than the previous year.
In a message addressed to employees, Boeing CEO Dave Calhoun stated that “We will simply focus on every next airplane while doing everything possible to support our customers, follow the lead of our regulator and ensure the highest standard of safety and quality in all that we do .”