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Boeing posts staggering $6B loss
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 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 says 'trust in our company has eroded,' calls for 'fundamental culture change'
Boeing CEO Kelly Ortberg said on the company's earnings call that "trust in our company has eroded" and the aerospace giant needs a culture change as well as an improved balance sheet.
Boeing Machinists Reject New Contract
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 new CEO Kelly Ortberg's plan to shore up the finances of the struggling planemaker.
Boeing shares fall after workers reject latest offer
Boeing shares fell 2.7% in U.S. pre-market trading on Thursday after workers voted to extend a nearly six-week-old strike, throwing fresh uncertainty over the company's efforts to stabilize finances and restore its battered image.
Boeing machinists reject latest contract; strike continues
Boeing’s machinists on Wednesday voted to reject a contract offer that would have ended their strike, which has now dragged on for more than a month. Roughly 33,000 members of the International Association of Machinists and Aerospace Workers Districts 751 and W24,
18m
on MSN
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 ...
Reuters
14h
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 ...
16h
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 ...
Opinion
3h
Opinion
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.
4h
on MSN
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 ...
Opinion
Flightglobal
2h
Opinion
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 ...
13h
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 ...
17h
on MSN
Boeing reports $6 billion quarterly loss amid a crippling strike
Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who ...
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