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 workforce to focus on civil planemaking and core defense units.
Boeing CEO Kelly Ortberg: We really need to embark on a culture change
Boeing CEO Kelly Ortberg joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the challenges facing the company, how he plans to change the company culture, impact of the ongoing machinists strike,
Boeing's new CEO vows to make it 'iconic' again after posting $6.1 billion loss in his 1st earnings
"With the right focus and culture, we can be an iconic company and aerospace leader once again," said Boeing CEO Kelly Ortberg
Boeing CEO says the company must fundamentally change as losses surge
Boeing reported huge quarterly losses Wednesday, as new CEO Kelly Ortberg conceded “it will take time to return Boeing to its former legacy.”
New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.
Boeing in Turmoil: CEO Kelly Ortberg Unleashes Bold Turnaround Amid $6 Billion Loss Catastrophe!
Boeing is facing an unprecedented financial crisis as quarterly losses soar to a staggering $6 billion, pushing the company’s annual losses close to $8 billion. In response to this dire situation, newly appointed CEO Kelly Ortberg has unveiled a daring turnaround strategy aimed at salvaging the beleaguered aerospace giant.
Boeing CEO presses turnaround as loss balloons to $6 billion
(Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, calling for a "fundamental culture change" at the struggling planemaker as its quarterly losses surged to $6 billion
Boeing had a tough 24 hours, but with CEO Kelly Ortberg's turnaround plan, analysts remain hopeful
Boeing posted a huge loss and its striking union rejected a new contract offer Wednesday. A turnaround plan and a $500 ...
Boeing’s new CEO says the company will be ‘iconic’ again—even after losing more than $6 billion last quarter
“It will take time to return Boeing to its former legacy but, with the right focus and culture, we can be an iconic company ...
Boeing CEO remains committed to Spirit AeroSystems purchase amid strike, financial issues
"Just to be clear, there's no change in our commitment to the Spirit acquisition and the integration," Boeing CEO Kelly ...
Boeing workers vote to reject contract deal, extending strike
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday, in a blow to ...
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 ...
Boeing said it's lost another $250 million on the Starliner project
Boeing CEO Kelly Ortberg said a Wednesday earnings call that the company is "going to have to work our way through some of ...
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Can Ortberg’s reforms get Boeing back on an even keel?
Sweeping job cuts and programme changes are the most visible parts of Boeing chief executive Kelly Ortberg's plan to restore ...
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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 ...
Boeing is set to report earnings for first time under CEO Ortberg. Here's what Wall Street expects to hear
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense ...
Boeing Needs to Settle Its Strike — Now
CEO Kelly Ortberg desperately needs to ramp up production, but he can’t do anything until he mollifies angry union members.
Boeing reports $6 billion quarterly loss ahead of vote by union workers who have crippled production
Boeing reported a massive loss of more than $6 billion in its third quarter, dragged down by a work stoppage and charges tied ...