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Boeing CEO Outlines Path to Recovery
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 faces investors on company's path forward after its sixth annual loss
Boeing posted a roughly $4 billion loss for the fourth quarter, according to preliminary results last week. The company has taken charges that span its defense and commercial airplane units. CEO Kelly Ortberg is set to detail the company's next steps after safety and manufacturing crises.
Boeing CEO Ortberg looks forward after heavy losses and cash drain
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 reports $11.8-billion annual loss
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.
Boeing posts $3.8 billion loss and has lost more than $35 billion since fatal crashes in 2019
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than $35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people.
2d
on MSN
Boeing Asks FAA For Stall-Management Exemption To Certify The 737 MAX 7 & 10
Boeing argued that the exemption would enable quicker certification and delivery of the 737 MAX 7 and 737 MAX 10 aircraft.
Flightglobal
2h
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 ...
5h
Boeing is working with Elon Musk to deliver Air Force One replacements sooner
President Donald Trump struck a deal for the replacement aircraft during his first term. Boeing is working with Trump advisor ...
3h
on MSN
Boeing Confirms Its Bad Earnings. Why the Stock Is Higher.
Boeing reported its full fourth-quarter results Tuesday morning. Even though the company took a lot of drama out of the ...
10h
on MSN
Boeing posts $3.8 billion Q4 loss and has lost more than $35 billion since fatal crashes in 2019
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague ...
9h
Boeing not worried about Trump tariff threats, CEO says
Boeing CEO Kelly Ortberg said on Tuesday he is "not too worried" about the Trump administration's threats to impose tariffs ...
Opinion
3h
Opinion
Boeing’s Rosy Outlook Negates the Need for a Fire Sale
The planemaker’s production ramp-up and stable balance sheet mean it can hang on to profitable businesses instead of ...
3h
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 ...
Flightglobal
23h
As Boeing prepares to reveal scope of 2024 loss, analysts see glimmers of optimism
Though Boeing is poised on 28 January to report a massive loss for 2024, some analysts suspect the company's financial and ...
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