Reported 2 days ago
Boeing's new CEO, Kelly Ortberg, acknowledges the company's struggles, including a $6.17 billion loss last quarter and significant production disruptions due to a strike by 33,000 machinists. Despite the challenges, Ortberg outlines a four-part turnaround plan focused on restructuring company culture, stabilizing operations, and enhancing project execution, all aimed at restoring Boeing's legacy as a leading aerospace manufacturer. He emphasizes the need for active leadership involvement in daily operations and plans to ramp up aircraft production once strikes cease.
Source: YAHOO