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CLAIM #9264 · The Boeing Company (BA) · 2024Q4 earnings call · Jan 28, 2025 · due Dec 31, 2026

Now, 777X interior in general is a more complex interior, but that's baked into our overall certification program for the aircraft. So we got time to go work the seat certification issues, and we've learned from our 787 what those issues are. So I think we'll be able to manage that for the initial deliveries.

Kelly Ortberg · CEO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: Whether 777X first deliveries occur without seat-certification-related delays for initial customer (Lufthansa)

It came true if: 777X initial deliveries to Lufthansa occur on Boeing's disclosed schedule without seat certification cited as a cause of delay

Where: Company earnings calls/press releases and management commentary on 777X delivery status

In context

k. Please go ahead. Scott Deuschle : Hey, thanks for taking my question. Kelly, can you characterize the pace at which you think the business can liquidate 777X aircrafts from inventory once EIS hits? And then, are you expecting the first class cabin seats to be certified for the 777X launch customers by the time 777X itself is type certified? Or is there any risk of delay there on seating as well? Thank you. Kelly Ortberg: Yeah, let me take the seating first, and then I'll ask Brian to do the liquidation. So actually, the first delivery, 777X delivery is also to Lufthansa, which is what I just mentioned. We have had seat and continue to have seat challenges. So I guess the good news, bad news is we've had seat challenges, but we do know what those challenges are for Lufthansa deliveries. Now, 777X interior in general is a more complex interior, but that's baked into our overall certification program for the aircraft. So we got time to go work the seat certification issues, and we've learned from our 787 what those issues are. So I think we'll be able to manage that for the initial deliveries. A - Brian West: And Scott, in terms of cash flows, as is typical on our new program, heavy cash usage the year before EIS, which is going to be for 2025. In terms of 2026, when it goes into service, keep in mind the initial airplanes are going to be changing corp airplanes, which are going to be, you know not high-cal cash flow airplanes. But once you get through those and you get out of 2026 and into 2027, you are really going to start to generate pre-cash flows, and that's going to accelerate as deliveries accelerate. So we're going to be set up very nicely once we get through EIS. Scott Deuschle: Great. Thank you. Operator: Thank you. The next question is from Seth Seifman from JPMorgan. Please go ahead. Seth Seifman: Thanks very much and good morning. A - Kelly Ortberg: Good morning S

Verify independently

SEC filings for BA · Claim quote is verbatim from the 2024Q4 earnings call.