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Boeing’s 777X Flight To Face Delay, Faulty Engine To Blame

By John F. Heerdink, Jr.
The new Boeing 777X passenger, touted as the world’s largest twin-engine jetliner plane, reportedly will face several months of delay to take its maiden flight after an unexpected fault was detected in a part of its new engine designed by the engine maker, GE Aviation. GE Aviation Chief Executive David Joyce stated “There is a (stationary) component in the front of the compressor which is wearing prematurely,” as reported at the Paris Airshow. Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Sign Up to receive FREE email updates here!

GE says forced to redesign part for GE9X jet engine

GE Aviation has found unexpected wear in a part for its new engine for the new Boeing 777X passenger plane, forcing a delay of several months while it redesigns and tests the part, the engine maker said on Monday. Boeing, which had been expected to stage the maiden flight of the world’s largest..
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