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Boeing CEO says company must fundamentally change

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.

Business Insider on MSN · 8h

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

CNN · 8h

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.”

Striking Boeing workers vote on contract

The Washington Post on MSN · 1h

Striking Boeing workers vote on contract as company’s losses grow

Given the significant role Boeing plays as a leading exporter and defense contractor, the Biden administration has been closely monitoring negotiations and acting labor secretary Julie Su met last week with both sides. Union leaders credited Su with ...

St. Louis Post-Dispatch · 1h

Boeing reports losing $6 billion this quarter. Seattle-area strikers vote on a new contract.

During Wednesday’s call with investors, company leaders reported a loss in revenue, down to $17.8 billion for the third quarter, about 1% less from the same period last year.

Newsweek on MSN · 7h

Boeing Faces $6 Billion Loss as Striking Workers' Vote Looms

Boeing announced a potential $6 billion loss and plans to lay off 17,000 workers while grappling with an ongoing strike that has halted important production.

Defense One26m

Boeing will look to ‘do less and do better’: CEO

Boeing won’t be able to fix its ailing defense arm, which lost $2 billion this quarter, anytime soon, but the company’s ...

3hon MSN

Boeing expects to burn cash next year as CEO says there's no quick fix for ailing planemaker

By Abhijith Ganapavaram and Allison Lampert (Reuters) -Boeing CEO Kelly Ortberg laid out a cautious path to turn the company ...

Reuters8h

Boeing CEO presses turnaround at embattled planemaker as contract vote looms

He stressed the need for improving performance in its defense business and its 737 MAX and 777 programs while broadly ...

Aviation Week1h

Boeing To Tweak Business Portfolio, Not Wholesale Cuts

Boeing To Tweak Business Portfolio, Not Wholesale Cuts is published in Aerospace Daily & Defense Report, an Aviation Week ...

Boeing: Walking away from defense contracts not the answer

Walking away from defense contracts not the answer Published first on TheFly – the ultimate source for real-time, ...

Boeing: Revenue Dips, Losses Deepen

In its Defense, Space & Security segment, Boeing experienced revenue of $5.5 billion, remaining relatively flat. Operational ...

Boeing Sells Small Defense Surveillance Unit to Thales

Boeing said in a statement that Digital Receiver Technology, which makes wireless equipment used by intelligence services, will be sold to Thales Defense & Security, an arm of Europe's largest defence ...

Boeing exploring asset sales to boost finances, WSJ reports

Oct 20 (Reuters) - Boeing (BA.N) is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or ...

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