Boeing CEO charts comeback after $11.8B loss in 2024
Boeing CEO Kelly Ortberg sees increased aircraft production in its troubled commercial aircraft division helping with a financial recovery this year after a disastrous 2024 meant a $11.8 billion loss and undelivered planes.
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 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 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 CEO upbeat on recovery plan after company's biggest annual loss since 2020
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 Kelly Ortberg Faces Challenges Amid Optimism for Recovery
Boeing (NYSE:BA) reported an $11.8 billion loss last year, but CEO Kelly Ortberg remains optimistic about the companys future. During its earnings call, Ortberg emphasized progress in fixing production issues,
Boeing Shares Bounce Back as CEO Makes Progress
Boeing shares hit a six-month high after CEO Kelly Ortberg said he's optimistic the company can meet a production target for the 737 airliner this year. The planemaker lost $20.38 per share for the year,
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 ...
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Boeing CEO notes “confidence” in defence arm despite 20% Q4 revenue loss
Boeing has revealed a 20% revenue loss (US$5.4 billion) compared to 2023 and backlog of $64 billion for its defence arm in its Q4 earnings results on 28 January. It also delivered a total of 110 ...
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Boeing's Recovery Flight: CEO Ortberg's Production Promise
Boeing CEO Kelly Ortberg promises an increase in 737 MAX jet production despite past setbacks. While some industry analysts express optimism, others remain wary. Suppliers are cautious due to past ...
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Boeing appears to confirm Lufthansa as 777-9 launch customer over Emirates
Boeing appears to have confirmed the German flag carrier Lufthansa as the 777-9 launch customer in its latest earnings ...
Elon Musk is trying to help Boeing out with its much-delayed new Air Force One for Trump
Boeing has lost more than $2 billion producing the Next Air Force One after President Donald Trump renegotiated the deal in ...
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 ...
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Boeing Divestitures To Start This Year, Focused On ‘Pruning’
Boeing CEO and President Kelly Ortberg has completed a portfolio review of the embattled aerospace and defense giant’s ...
Aerospace analysts are guardedly hopeful about Boeing's path forward
CEO Kelly Ortberg took over at Boeing knowing that the company was in trouble. However, during its earnings call and ...