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Boeing CEO Outlines Path to Recovery After Nearly $4 Billion Quarterly Loss
Boeing CEO Kelly Ortberg said the company was “seeing encouraging signs” as it tries to turn around following a rough 2024.
Boeing CEO upbeat on recovery plan after company's biggest annual loss since 2020
Ortberg said the company's 737 Max deliveries will likely reach the "upper 30s" this month, up from 17 in December. "We're a little ahead of where I expected," he told CNBC's "Squ
Boeing CEO Ortberg outlines 2025 priorities after heavy losses
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six months into the job, he thinks Boeing is "starting to turn the corner."
Boeing stock rallies on plane progress despite $11.8-billion annual loss
Boeing on Tuesday reported an annual loss of $11.83 billion, its largest since 2020, as it grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.S. West Coast factory workers.
Boeing reports $11.8 billion loss, largest since 2020
The loss demonstrates the challenges facing CEO Kelly Ortberg in turning around the planemaker as it cedes more ground to rival Airbus.
1d
on MSN
Buy rating on Boeing, 'lots of confidence' in CEO Kelly Ortberg: Citi
Citi's Jason Gursky explains why he is constructive on Boeing in the long term, and what the company needs to do to get to a ...
4h
Boeing CEO's optimistic outlook gives stock a boost despite company's latest dismal earnings report
Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about ...
12h
Boeing not worried about Trump tariff threats, CEO says
Boeing is working with the Trump administration to speed up delivery of two replacement presidential aircraft, better known ...
14h
Boeing CEO Ortberg signals portfolio review following $14 bn cash drain
The company has made progress in its turnaround, adjusting its factories and supplier base for higher production levels going ...
Flightglobal
8h
Boeing prepares for 737 production rate hikes this year, with 42-monthly in sight
Boeing aims this year to hike 737 production to at least 38 jets monthly, and possibly as high as 42 if it receives ...
9h
Boeing posts $11.8 loss for the year, already ramping up production
Boeing operates its defense business, which is in a separate unit from the company’s commercial plane segment, in the St.
13h
on MSN
Boeing CEO Sees Company Reaching Key 737 Milestone This Year
Boeing Co. Chief Executive Officer Kelly Ortberg said he’s optimistic the company can return to a closely watched production ...
10h
Boeing CEO sees boost in Spirit fuselage quality, performance as tailwind for 737 Max delivery rebound
"That team has done a great job of improving the overall performance and quality of the fuselages," Boeing's CEO said of Wichita-based Spirit AeroSystems.
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