Boeing's New CEO Aims for Transformation Amid Union Agreement

Reported about 1 month ago

Boeing has reached a tentative agreement with striking workers, potentially ending a five-week strike. As new CEO Kelly Ortberg takes the helm, analysts expect him to focus on cost-cutting and divesting non-profitable divisions. Despite concerns about bankruptcy among investors, demand for Boeing products remains strong with a significant backlog, necessitating improved execution to generate cash flow.

Source: YAHOO

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