American business executive
Boeing to sell parts of aviation software unit to Thoma Bravo for $10.5bn: Jet maker says deal with specialist technology investor will help group focus on core ...
ft.com/content/68e4a5d1-12d8-4020-97fb-997b107e200b
Boeing CEO defends safety efforts, says he is not pressuring workers: Boeing CEO Kelly Ortberg said on Wednesday that the planemaker is focused on improving ...
reuters.com/business/aerospace-defense/boeing-ceo-face-tough-questions-senators-safety-2025-04-02/
‘Critical concerns’ remain in Boeing’s self-inspection regime, Cantwell says: The day before Boeing CEO Kelly Ortberg is set to appear before Congress ...
st.news/3QZcfwM
Boeing CEO Ortberg warns needed culture shift will be ‘brutal to leadership’: Boeing’s management needs to shape up, listen more to front-line employees ...
dallasnews.com/business/airlines/2025/03/10/boeing-ceo-ortberg-warns-needed-culture-shift-will-be-brutal-to-leadership/
Boeing's CEO praises Musk for help with delayed Air Force One planes: Kelly Ortberg, the CEO of Boeing, said he was working with the DOGE team to speed up ...
businessinsider.com/boeing-ceo-praises-elon-musk-help-delayed-air-force-one-2025-2
Boeing CEO says Musk 'helping in a big way' on timing of Air Force One planes: Boeing CEO Kelly Ortberg on Thursday said Elon Musk, the head of its space ...
reuters.com/business/aerospace-defense/boeing-ceo-doesnt-see-immediate-supply-chain-snags-737-max-target-2025-02-20/
Key FactsBoeing CEO Commends Musk for Air Force One Support
Feb 20, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Boeing CEO Kelly Ortberg highlighted Elon Musk's assistance in overcoming delays related to the Air Force One jet delivery.
- He anticipates a visit from the U.S. Transportation Secretary and FAA Acting Administrator in Seattle in March.
- Ortberg aims to increase production of the 737 MAX and 787 jets to at least 38 per month while addressing ongoing contract issues.
- However, a fire at a key supplier could hinder production, adding to the challenges faced by the aerospace sector.
Boeing needs to change its insular culture, CEO says in company-wide meeting : Boeing CEO Kelly Ortberg told employees on Wednesday the company needs a more open ...
reuters.com/business/aerospace-defense/boeing-needs-change-its-insular-culture-ceo-says-company-wide-meeting-2025-03-06/
As Trump Seeks New Air Force One Planes, Security Requirements Are Eased: Some Boeing staff will no longer need a high-level security clearance to help build new ...
nytimes.com/2025/03/06/us/politics/trump-air-force-one-boeing-security-requirements.html
Trump toured Boeing plane to signal unhappiness at Air Force One delay: Trump renegotiated the Air Force One contract with Boeing in his first term and has ...
businessinsider.com/trump-boeing-plane-air-force-one-delays-doge-elon-musk-2025-2
Boeing CEO says Musk helping to speed up delayed Air Force One jets: Boeing CEO Kelly Ortberg said at an analyst conference that SpaceX CEO Elon Musk is helping ...
foxbusiness.com/politics/boeing-ceo-says-musk-helping-speed-up-delayed-air-force-one-jets
Boeing CEO to testify before US Senate commerce panel on April 2: Boeing CEO Kelly Ortberg will testify on April 2 before the U.S. Senate Commerce Committee ...
reuters.com/business/aerospace-defense/boeing-ceo-testify-before-us-senate-commerce-panel-april-2-2025-02-14/
Boeing CEO Ortberg looks forward after heavy losses and cash drain: In an interview with The Seattle Times after reporting grim financial results early Tuesday ...
st.news/4hBFC3z
Elon Musk Wants Boeing To Rush Trump's New Air Force One: Elon Musk, Boeing and a rush job is not exactly a recipe for a job well done
jalopnik.com/elon-musk-wants-boeing-to-rush-trumps-new-air-force-one-1851751623
Boeing is working with Elon Musk to deliver Air Force One replacements sooner
cnbc.com/2025/01/28/elon-musk-boeing-air-force-one-replacements.html
Lufthansa first airline to get new Boeing 777X next year after delays: Boeing's newest plane has been beset by certification delays, with flight tests paused for ...
businessinsider.com/boeing-777x-first-delivery-lufthansa-delays-kelly-ortberg-2025-1
Boeing reports $11.8 bln in annual loss after crisis-ridden year: Boeing BA.N on Tuesday reported an annual loss of $11.83 billion, its largest since 2020 ...
english.alarabiya.net/business/aviation-and-transport/2025/01/28/boeing-reports-11-8-bln-in-annual-loss-after-crisis-ridden-year
Boeing's dismal 2024 underlines scale of challenge facing Kelly Ortberg: Boeing delivered 348 aircraft last year — less than half Airbus managed and the lowest ...
businessinsider.com/boeing-dismal-deliveries-scale-challenge-kelly-ortberg-2025-1
Musk: Boeing's last CEO 'had no idea how airplanes or rockets worked': Dave Calhoun was Boeing's CEO from January 2020 to July 2024. Calhoun was trained as an ...
businessinsider.com/elon-musk-boeing-last-ceo-no-idea-airplanes-rockets-worked-2024-12
Boeing ended its difficult 2024 as biggest loser in Dow Jones index: Boeing was set for a troubled year after the Alaska Airlines blowout last January led to ...
businessinsider.com/boeing-difficult-year-biggest-loser-dow-jones-index-strikes-blowout-2025-1
Intel’s Grim Lesson for Boeing: Sometimes Mr. Fix-It Is Too Late: Like Pat Gelsinger, Boeing’s Kelly Ortberg is a technically minded leader tasked with rescuing ...
trib.al/Mvvqv3d
Boeing names Ann Schmidt chief communications and brand officer: Boeing CEO Kelly Ortberg has tapped Ann Schmidt to be chief communications and brand officer in ...
reuters.com/business/aerospace-defense/boeing-names-ann-schmidt-chief-communications-brand-officer-2024-12-23/
Saving Boeing is the hardest job and biggest opportunity in business: With Boeing bleeding more than $4 billion in cash every three months, the scale of the ...
st.news/3D4w9CJ
Saving Boeing is the hardest job and biggest opportunity in business: In November, Sen. Ted Cruz, who next month will become chair of the Senate committee ...
columbian.com/news/2024/dec/15/saving-boeing-is-the-hardest-job-and-biggest-opportunity-in-business/
Boeing's top lobbyist departing planemaker, CEO says: Boeing's head of government affairs and top lobbyist is leaving effective immediately ...
reuters.com/business/aerospace-defense/boeings-top-lobbyist-departing-planemaker-ceo-2024-12-06/
Laid-off Boeing workers worry for themselves, and the company that cut them: After thousands of layoffs, Boeing employees who are walking out the door worry ...
seattletimes.com/business/boeing-aerospace/laid-off-boeing-workers-worry-for-themselves-and-the-company-that-cut-them/
Boeing CEO Ortberg says staff spend too much time fighting: report: "Everybody is tired of the drumbeat of what's wrong with Boeing. I'm tired of it and I ...
businessinsider.com/boeing-ceo-kelly-ortberg-company-culture-infighting-2024-11
Boeing delivers layoff notices to 17,000 workers amid financial struggles - UPI.com
upi.com/Top_News/US/2024/11/13/boeing-layoffs/4171731556914/
Key FactsBoeing Plans Workforce Reduction and Production Cuts
Nov 14, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: foxbusiness.com
Summary created with AI assistance · Source: foxbusiness.com
- Boeing is set to lay off 10% of its workforce, impacting 17,000 employees.
- The layoffs follow a labor union strike and are expected to be completed by mid-January.
- CEO Kelly Ortberg highlighted the need for structural changes to maintain competitiveness.
- The production of the 767 will end by 2027, and the rollout of the 777X has been delayed to 2026.
Exclusive: Boeing Chief Executive Kelly Ortberg told employees at an all-hands meeting Wednesday the once mighty manufacturer has serious culture problems and ... Show more
Exclusive | Boeing CEO to Employees: We Can’t Afford Another Mistake - WSJ
Exclusive | Boeing CEO to Employees: We Can’t Afford Another Mistake - WSJ
Boeing CEO says company can’t afford another mistake: Boeing’s new CEO told workers Wednesday the company has serious culture problems and can’t afford another ...
english.alarabiya.net/business/aviation-and-transport/2024/11/21/boeing-ceo-says-company-can-t-afford-another-mistake-report
Key FactsBoeing Workers Approve Contract, End Strike
Nov 5, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: apnews.com
Summary created with AI assistance · Source: apnews.com
- Boeing factory workers voted to accept a contract offer, ending a strike that lasted over seven weeks and allowing the company to resume production.
- The contract was approved by 59% of voting members, featuring a 38% wage increase over four years and additional bonuses.
- Despite the contract approval, key demands such as restoring a frozen pension plan were not met, leading to mixed feelings among workers.
- President Biden praised the agreement, highlighting its importance for Boeing's future and workplace fairness.
Boeing Union Approves New Contract, Ending Strike: About 33,000 workers at the aerospace manufacturer rejected two earlier contract offers and had been on strike ...
nytimes.com/2024/11/04/business/boeing-union-new-contract-strike.html
Key FactsBoeing Workers Approve New Contract, Ending Strike
Nov 5, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: nytimes.com
Summary created with AI assistance · Source: nytimes.com
- Boeing's largest union voted on Monday to approve a new contract, bringing an end to a strike that lasted nearly two months.
- The contract, supported by 59 percent of voters, includes a wage increase exceeding 43 percent over the next four years.
- The strike started on September 13 after the rejection of two earlier proposals, with employees expected to return by November 12.
- The CEO of Boeing emphasized the need for unity to restore the company after overcoming recent challenges.
Boeing has a long road to success after end of factory strike: CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start ...
businessinsider.com/boeing-strike-kelly-ortberg-production-737-max-787-dreamliner-2024-11
Boeing to repay furloughed staff, proceed with job cuts: Boeing CEO Kelly Ortberg said on Thursday that employees furloughed during a seven-week strike by ...
reuters.com/business/aerospace-defense/boeing-repay-furloughed-workers-lost-pay-air-current-editor-says-2024-11-08/
Why more CEOs need to be on the shop floor: Too many leaders avoid spending time with workers doing the jobs the business depends on
irishtimes.com/business/work/2024/11/11/wanted-more-bosses-on-the-shop-floor/
Boeing CEO: time for planemaker to 'focus on rebuilding the business': Boeing CEO Kelly Ortberg urged 33,000 striking workers on Friday to vote to accept a new ...
reuters.com/business/aerospace-defense/boeing-ceo-time-planemaker-focus-rebuilding-business-2024-11-01/
Boeing raises $21 billion in capital to repair balance sheet: The infusion of funds clears one of new CEO Kelly Ortberg's most urgent tasks amid a period of ...
st.news/3BWDuDN
Boeing's original Dreamliner is now a sales bust. What will the SC planemaker do about it?
postandcourier.com/business/boeing-charleston-787-dreamliner-iam-strike-airbus/article_20e8d1dc-9143-11ef-859f-db3d433046b8.html
Boeing factory workers reject contract, prolong six-week strike: Boeing factory workers have voted 64% against the company’s latest contract offer and to ...
apnews.com/article/boeing-earnings-strike-vote-new-ceo-af6c6dab8747d5b8189df97a55e6b8d9
Key FactsBoeing Workers Reject Pay Increase Amid Strike
Oct 24, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: bbc.com
Summary created with AI assistance · Source: bbc.com
- Striking Boeing workers have rejected a new offer that included a 35% pay rise over four years.
- 64% of the International Association of Machinists and Aerospace Workers (IAM) members voted against the deal, with over 30,000 employees on strike since September 13.
- Boeing faces losses of around $6 billion, and the strike is costing the company approximately $100 million daily.
- CEO Kelly Ortberg highlighted the need for a cultural change and the difficulties in resuming production once the strike concludes.
Dagligt memo: Boeings opbrud er ikke et spørgsmål om, men om hvordan og hvornår: Det næste Boeing bliver sandsynligvis ikke et luftfarts- og forsvarskonglomerat.
aviationweek.com/air-transport/aircraft-propulsion/daily-memo-boeings-breakup-not-if-how-when
Key FactsBoeing's Financial Crisis and Its Implications
Oct 16, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: cnn.com
Summary created with AI assistance · Source: cnn.com
- Boeing faces significant financial challenges impacting the entire industry.
- The ongoing strike has reduced production capacity, potentially affecting airlines and seat availability.
- The company's financial woes could harm the US economy, especially in communities with Boeing employees.
- Despite current difficulties, Boeing is expected to survive due to its market position, even if it has to file for bankruptcy.
BREAKING: Boeing will cut approximately 17,000 jobs over the coming months, reducing the total size of its workforce by about 10%.Boeing to cut approximately 17,000 jobs over the coming months - ABC News
Key FactsJudge Evaluates Boeing Plea Agreement with Urgency
Oct 12, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: cnn.com
Summary created with AI assistance · Source: cnn.com
- Boeing and the families of the victims of the 737 Max crashes await a decision on the company's punishment.
- A federal judge is pressing prosecutors to justify the plea deal while victim lawyers advocate for its rejection.
- Boeing has agreed to pay up to $487 million and operate under a court-appointed monitor for three years to enhance safety practices.
- Victim families argue that the agreement is too lenient and demand a larger compensation for the losses incurred due to the design flaw.
Boeing's new CEO is taking on the ultimate management test: Kelly Ortberg is trying to change the culture while staunching crisis.
businessinsider.com/boeings-ceo-facing-challenges-management-test-2024-10
Are Boeing’s problems beyond fixable?: A new CEO promises a culture change as the aerospace titan is struggling hard.
ft.com/content/5a5ea48d-81db-4224-bae6-ab9d0a132012
Key FactsBoeing Considers Sale of Space Division Amid Crisis
Oct 25, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: deraktionaer.de
Summary created with AI assistance · Source: deraktionaer.de
- Boeing is exploring the sale of parts of its space division, including the NASA-related Starliner spacecraft.
- Technical issues with the Starliner have resulted in additional costs of $1.8 billion.
- CEO Kelly Ortberg emphasizes a focus on core business and the divestment of underperforming sectors.
- Boeing's stock remains pressured due to billion-dollar losses and ongoing labor disputes.
Boeing defense's business is 'core', but struggles abound for new CEO Boeing defense's business is 'core', but struggles abound for new CEO | Reuters
Boeing CEO Kelly Ortberg laid out a cautious path to turn the company around, calling for a ‘fundamental culture change’ at the struggling planemaker as its ... Show more
Boeing expects to burn cash next year as CEO says there's no quick fix for ailing planemaker | Reuters
Boeing expects to burn cash next year as CEO says there's no quick fix for ailing planemaker | Reuters
Boeing reports losing $6 billion this quarter. Seattle-area strikers vote on a new contract.
stltoday.com/news/local/business/boeing-reports-losing-6-billion-this-quarter-seattle-area-strikers-vote-on-a-new-contract/article_6a0292ea-9161-11ef-adcc-a322fe122b1d.html
Boeing union workers will stay on picket lines after voting against latest offer: Boeing factory workers have voted against the company’s latest contract offer ...
apnews.com/article/boeing-strike-vote-ca1326b3512b577bba76bee9e9e66a17
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike, in a blow to new CEO Kelly Ortberg’s plan to shore up the ... Show more
Boeing strike barrels on as workers reject wage deal | Reuters
Boeing strike barrels on as workers reject wage deal | Reuters
Boeing CEO Kelly Ortberg outlined a turnaround plan following nearly $8 billion in losses this year, largely due to a West Coast machinist strike that halted ... Show more
Boeing expects to burn cash next year as CEO says there's no quick fix for ailing planemaker | Reuters
Boeing expects to burn cash next year as CEO says there's no quick fix for ailing planemaker | Reuters
Boeing and union leaders reach deal that could end strike: The proposed deal includes a 35% general wage increase spread over four years, the union said.
businessinsider.com/boeing-union-leaders-deal-strike-wage-increase-2024-10
Boeing to slash 17K jobs, delay delivery as strike continues: Boeing's CEO said in a message to employees that the company must reset its workforce levels "to ...
globalnews.ca/news/10808403/boeing-job-cuts-ongoing-strike/
Boeing union rejects offer to end strike, complicating CEO's plan to turn company around
pbs.org/newshour/show/boeing-union-rejects-offer-to-end-strike-complicating-ceos-plan-to-turn-company-around
Daily Sabah Oct 24 24
Boeing pushes for turnaround as it reports whopping $6.2B loss: In a long-run downturn, Boeing reported on Wednesday a whopping $6.2 billion quarterly loss as ...
dailysabah.com/business/economy/boeing-pushes-for-turnaround-as-it-reports-whopping-62b-loss
Boeing’s Strike Is Still On. Its Strained Balance Sheet Makes Matters Worse.: Until recently, Boeing seemed insulated from any default risk but the continuing ...
on.wsj.com/4fgxYKz
Aircraft manufacturer: Boeing boss wants to stabilize company with restructuring plan
handelsblatt.com/unternehmen/industrie/flugzeugbauer-boeing-chef-will-unternehmen-mit-sanierungsplan-stabilisieren/100082241.html
Boeing CEO warns no quick fix to planemaker's crisis as losses balloon to $6 billion
reuters.com/business/aerospace-defense/boeing-ceo-presses-turnaround-embattled-planemaker-contract-vote-looms-2024-10-23/
Boeing Posts $6 Billion Loss on Troubled Programs: CEO Kelly Ortberg said the jet maker needs a culture change and a deal with striking machinists.
on.wsj.com/3BRC910
BREAKING: Boeing will cut 17,000 jobs, or 10% of its global workforce, delay first delivery of its 777X jet by a year and expects substantial new losses in its ... Show more
Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances | Reuters
Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances | Reuters
Boeing factory workers to rally in Seattle as strike enters second month: Pressure is mounting on new CEO Kelly Ortberg to end a bitter strike that has plunged ...
reuters.com/business/aerospace-defense/boeing-factory-workers-rally-seattle-strike-enters-second-month-2024-10-15/
Boeing to cut 17,000 jobs, delay first 777X deliveries as strike hits finances - News | Khaleej Times
khaleejtimes.com/world/boeing-to-cut-17000-jobs-delay-first-777x-deliveries-as-strike-hits-finances
Boeing to slash 10 percent of workforce as it sees big Q3 loss: Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large ...
english.alarabiya.net/business/aviation-and-transport/2024/10/12/boeing-to-slash-10-percent-of-workforce-as-it-sees-big-q3-loss
Boeing to axe 17,000 jobs amid strike and quality issues : The company said all jobs are all at risk as it cuts 10% of its workforce
bbc.com/news/articles/cevypzd9gklo
Striking Boeing union presses CEO to 'truly engage' after workers' health coverage cut
reut.rs/4dAulxU
Key FactsBoeing Withdraws Health Benefits for Striking Staff
Oct 2, 2024 · Reading time: ~45 sec.
Summary created with AI assistance · Source: aerotime.aero
Summary created with AI assistance · Source: aerotime.aero
- Boeing cut off health insurance for 33,000 employees participating in strikes across several states.
- Benefits will only be reinstated if workers return to their jobs on or after October 1, without resuming strike action.
- The IAM union criticized the decision as a harmful mistake impacting the well-being of employees' families.
- Negotiations aimed at resolving the strike failed to advance, with demands including substantial pay increases and pension reinstatement.
Boeing executives made an error of unceremoniously axing healthcare coverage for 33,000 families.— Statement by the International Association of Machinists and Aerospace Workers (IAM)
Boeing ousts head of troubled space unit after astronauts left stranded, billions in losses
nypost.com/2024/09/20/business/boeing-ousts-ted-colbert-head-of-troubled-space-unit-after-starliner-debacle/
What this Boeing strike is really all about: At the heart of the Boeing strike that began Friday is a story about what happens when penny-pinching executives ...
cnn.com/2024/09/14/business/boeing-workers-strike/