Boeing takes $4.9 bn hit on 777X delay; CEO disappointed
Boeing took a $4.9 billion charge in Q3 due to new delays in its 777X program, CEO Kelly Ortberg said, calling the setback disappointing. Despite the hit, Boeing returned to positive free cash flow for the first time in nearly two years, aided by strong jetliner deliveries. Shares fell over 1% premarket, though retail sentiment on Stocktwits turned bullish.