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Boeing’s all-new 777X aircraft successfully completes its very first flight

Michael Harris
  • January 27th, 10:39
  • Last Updated: January 27th, 10:40
  • Boeing's all-new 777X successfully completes its very first flight.
  • Achieving the milestone is an accomplishment for Boeing amidst the ongoing 737 Max challenges.
  • 777X is expected to help Boeing recover its previous losses and get back up on its feet.
  • Currently the largest commercial aircraft, Boeing's 777X is 252 foot long.

Amidst Boeing’s ongoing crisis over its fuel-efficient 737 MAX jetliner, Boeing announced on Saturday that its largest twin-engined plane, 777X, has successfully completed its very first flight. Boeing’s 777X is a bigger version of a widely popular jetliner in Boeing’s fleet, 777 mini-jumbo.

Boeing has been caught up with the complications of its 737 MAX grounding throughout the last year that saw a major delay in starting test flights on its new 777X jetliner. Following successful testing amidst the troubled times, however, 777X is now expected to be soon available for commercial flights. The addition to Boeing’s fleet is also expected to help it recover the losses and improve its performance that has remained severely bruised in the past year.

Boeing Took Pride In Achieving The Milestone Amidst The Ongoing Challenges

Stan Deal commented on the new milestone in his capacity as the chief executive of Boeing’s segment for commercial airplanes and stated that it is a matter of sheer pride for the American plane manufacturer that it has achieved this milestone despite the ongoing challenges.

The 252-foot-long plane has been branded as the longest commercial aircraft. As per the company representatives, the plane will officially be known as the 777-9. So far, however, it continues to use the codename 777X that was given to it during the process of development.

The all-new 777X features folding wingtips aimed at ensuring the convenience of parking at the same bays that Boeing has been using for its previous models. The plane also boasts currently the largest commercial engines as compared to any other aircraft. 777X’s engines are manufactured by General Electric and are sufficiently wide to swallow fuselage of an entire 737 Max.

Boeing’s 737 Max Is Likely To Stay Grounded In The First Half Of 2020

The success of the 777X comes as good news for Boeing since the Federal Aviation Administration (FAA) recently announced that the fuel-efficient 737 MAX is likely to remain grounded during the summer that marks the busiest period every year for airlines owing to the rise in traveling during the season.

In the week of January 13th, Boeing had declined sharply in the stock market from $332 to $309 that marked a monthly low for the American plane manufacturer. In wake of an imminent 777X test flight, share prices were pushed back up to around $325 at which Boeing closed the last week. How well does the 777X help the company offset the losses from the 737 Max in 2020, however, is yet to be seen.

About the author

Michael Harris
Michael Harris
I began trading in my early 20's at a local company and since then have combined my knowledge and love of content to become a news writer. I am passionate about bringing insightful articles to readers and hope to add some value to your portfolios!

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