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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
7h
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 ...
tbsnews
32m
Boeing defence's business is 'core', but struggles abound for new CEO
Cost overruns at the KC-46 midair refuelling tanker program have surpassed $7 billion in recent years, while another fixed-price contract to upgrade two Air Force One planes has created a $2 billion ...
13h
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 ...
16h
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 ...
fbcnews
18m
Boeing strike barrels on as workers reject wage deal
Boeing (BA.N), opens new tab factory workers voted to reject a contract offer and continue a more than five-week strike on ...
4h
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” ...
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
9h
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 ...
12h
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, ...
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