After two days of delays caused by bad weather, Boeing's 777-9, the first of the company's flagship, long-range 777X family, made its first flight, from Everett, Washington, on Jan. 25 (page 28). Boeing reported a net loss of $636 million for 2019—down from a profit of $10.5 billion for 2018—on revenues of $76.6 billion, down 24% and far from the $109.5-111.5 billion envisioned before the 737 MAX crisis (page 32). Airbus has reached an "agreement in principle" with French, UK and U.S. authorities to pay €3.6 billion ($4 billion) in penalties to settle allegations of bribery and corruption in aircraft sales (page 34).
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