Boeing expected to fly 777-9 for first time in nearly five years, Air Current editor says
1. Boeing's 777-9 jet may have its first flight by August 5. 2. This marks a significant milestone after a five-year delay.
FAQ
Why Bullish?
The delayed first flight indicates progress in Boeing's recovery and potential revenue generation. Historical precedent shows that successful aircraft launches lead to increased market confidence and stock appreciation, as seen with the 737 MAX and 787 Dreamliner launches.
How important is it?
The potential maiden flight of the 777-9 is highly pertinent as it signals a crucial step in Boeing's recovery trajectory, influencing investor sentiment and company valuation significantly.
Why Long Term?
Successful testing and subsequent production of the 777-9 will bolster revenues and market position over the coming years, especially with increasing global demand for new aircraft.