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Boeing CEO presses turnaround at embattled planemaker
Boeing CEO presses turnaround at embattled planemaker as contract vote looms
(Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, including a push for a "fundamental culture change," as the struggling planemaker grapples with a crippling strike, mounting debt and heightened cash burn.
Boeing CEO Says Planemaker’s Problems Will Take Time to Fix
Boeing Co. Chief Executive Officer Kelly Ortberg provided an unvarnished view of his company at a crossroads, absorbed by challenges ranging from huge debt to serious performance lapses that it needs to address before it can consider developing a new aircraft.
Boeing CEO says planemaker is overstaffed, needs to adjust
"We need to right size and be efficient, and I think we need to continue to do that as we go forward," he told CNBC in an interview
3h
on MSN
Boeing Expects to Burn Cash Next Year as CEO Says There's No Quick Fix for Ailing Planemaker
(Reuters) -Boeing CEO Kelly Ortberg laid out a cautious path to turn the company around on Wednesday, calling for a ...
10h
on MSN
Boeing posts staggering $6B loss as CEO calls for ‘fundamental culture change’
CEO Kelly Ortberg said Boeing is now reviewing its businesses and may end up selling some assets, as it downsizes its ...
48m
on MSN
Boeing Q3 results: Planemaker reports $6.27 bn loss amid workers’ strike; CEO Ortberg aims to ‘reset’ labour ties
Boeing suffered a $6 billion loss in Q3 due to a workers’ strike that affected operations. CEO Kelly Ortberg aims to “reset” ...
12h
on MSN
Boeing CEO warns no quick fix to planemaker's crisis as losses balloon to $6 billion
By Abhijith Ganapavaram, Allison Lampert (Reuters) -Boeing CEO Kelly Ortberg laid out a cautious path to turn the company ...
Yahoo Finance
2d
Striking Boeing Workers Make Earnings a Cliffhanger for CEO
(Bloomberg) -- Kelly Ortberg’s earnings debut as Boeing Co. chief executive officer has gained an element of suspense as workers vote on the same day whether to accept the
planemaker
’s latest ...
7d
on MSN
Planemaker Embraer spending $70 million to expand Fort Worth maintenance base
Embraer will invest up to $70 million in new MRO facilities for commercial jets at Perot Field Alliance Airport in Fort Worth ...
Reuters
2h
Boeing factory workers reject wage deal, extending strike
SEATTLE, Oct 23 (Reuters) - Boeing U.S. factory workers rejected a new wage offer on Wednesday, extending a strike that is ...
8d
Boeing Eases Cash Crunch as Strikers Dig In Deeper
The troubled planemaker arranged a $10 billion credit agreement with a group of banks while union workers showed no sign of ending their walkout.
8h
Boeing in process of going through portfolio, says CEO
EDT Boeing (BA) in process of going through portfolio, says CEO Published first on TheFly – the ultimate source for real-time, ...
Reuters
5h
Boeing defense's business is 'core', but struggles abound for new CEO
WASHINGTON, Oct 23 (Reuters) - Boeing CEO Kelly Ortberg anticipates the
planemaker
's defense business will continue to ...
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