Analysis-CEO pulled Boeing out of nosedive, but new challenges approach

Analysis-CEO Pulled Boeing Out of Nosedive, but New Challenges ...

How Kelly Ortberg dug Boeing out of a 'very deep hole'

Kelly Ortberg became Boeing CEO on August 8, 2024.Win McNamee/Getty ImagesBoeing CEO Kelly Ortberg took the top job a year ago, with the planemaker in crisis.He navigated a crippling strike, and the share price is up by a third since last August.But ramping up production and certifying new jets remain vital tasks.In his first year in charge, Boeing's CEO Kelly Ortberg has dug the company out of a "very deep hole," an aviation insider told Busine…

Analysis-CEO pulled Boeing out of nosedive, but new challenges approach

By Dan Catchpole

Boeing CEO stabilizes planemaker in turbulent year, new challenges on radar

One year after taking the helm during Boeing’s (BA.N) deepest crisis in decades, CEO Kelly Ortberg has stopped the company's freefall.

How Kelly Ortberg dug Boeing out of a 'very deep hole' | The New York Ledger

In his first 12 months in cost, Boeing’s CEO Kelly Ortberg has dug the corporate out of a “very deep gap,” an aviation insider informed Enterprise Insider. However Ortberg has mentioned the corporate nonetheless has a variety of work to do. In an earnings name final Tuesday, he in contrast the job to maneuvering a big ship. “I feel that we’re turning it, I do not suppose it is turned,” he mentioned. He took the helm on August 8, 2024, in one of …

CEO pulled Boeing out of nosedive, but new challenges approach

One year after taking the helm during Boeing’s deepest crisis in decades, CEO Kelly Ortberg has stopped the company’s freefall. Now, he faces new challenges: ramping up jet production, reviving a struggling defence and space division, and restoring profitability at the storied planemaker. Ortberg was comfortably retired in Florida when Boeing’s board offered him the top job at a company bleeding cash and reeling from reputational damage.