Qatar Airways CEO says 777X behind schedule but sees Boeing catching up

The head of Qatar Airways said Boeing’s 777X aircraft programme was experiencing delays, but he was sure that Boeing (BA.N) would catch up and deliveries of the jet would start on time in 2020. “Boeing I think is a couple of months behind schedule but there is still time and they will catch up,” Chief Executive Akbar al Baker told reporters on Wednesday. The 406-seat 777-9, the main model of a two-aircraft family known as 777X, aims to maintain Boeing’s grip on the ‘mini-jumbo’ market by leapfrogging Airbus’s (AIR.PA) 365-seat A350-1000, its European rival’s largest twin-engined jet. …read more

Source:: Yahoo Finance

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