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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's CEO lays out his 4-part turnaround plan to fix 'festering of issues' in a memo to employees
Boeing CEO Kelly Ortberg said "trust in the company has eroded," that it's "saddled with too much debt," and has had "serious lapses in performance."
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
9h
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 ...
cnbctv18
23m
Boeing workers reject pay proposal again, strike to continue despite planemaker’s $6 billion loss in Q3
Boeing had offered a new labour contract that would have increased striking factory workers’ wages by 35% over four years.
20h
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 ...
18h
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 ...
16h
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 ...
tbsnews
2h
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 ...
Zawya
18h
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 ...
10h
on MSN
Boeing Defense's Business Is 'Core', but Struggles Abound for New CEO
WASHINGTON (Reuters) - Boeing CEO Kelly Ortberg anticipates the planemaker's defense business will continue to struggle under ...
18h
on MSN
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 ...
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