<span>STORY: Boeing reported a charge of nearly $5 billion related to delays in its 777X jet program on Wednesday.</span><span>Despite progress on the 737 MAX, the planemaker continues to face setbacks with its 777X program.</span><span>It said the first delivery of the model has been pushed to early 2027.</span><span>The aircraft was originally marked for delivery five years ago.</span><span>Last month, CEO Kelly Ortberg said the company was behind schedule in certifying the jet.</span><span>Adding that a “mountain of work” needed to be done.</span><span>Boeing cautiously ramped up monthly output of its 737 MAX this year.</span><span>Earlier this month, the company received long-awaited approval from U.S. regulators to increase 737 MAX production to 42 jets per month.</span><span>It eased a cap of 38 that had been in place since last year.</span><span>That cap was imposed following a mid-air panel blowout on a nearly new aircraft.</span><span>Deliveries are closely watched by Wall Street as planemakers often receive the bulk of their payments upon handing over the jets to customers.</span><span>Making deliveries a key indicator of revenue and cash flow.</span>
