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According to CNN, former Boeing CEO Dave Calhoun's air travel cost $979,000 during that period. Ortberg's cost-cutting efforts are another attempt to get back on track after a difficult year for ...
"The first half is going to reflect our gradual, steady restart of the factory, and the second half is likely going to benefit from achieving higher production rates," Boeing's chief financial ...
By Dan Catchpole. SEATTLE - CEO Kelly Ortberg took over at Boeing knowing that the company was in trouble. Those troubles added up to an $11.8 billion loss last year, the company reported on Tuesday.
Boeing’s legal problems are mounting.They are starting to become a problem for the rest of the airline industry too. Alaska Airlines said Tuesday its 2024 capacity estimates are "in flux" due to ...
Boeing was seeking a $60 billion bailout directed towards its aerospace suppliers. [86] Under the too big to fail theory, Boeing is a significant production and employment contributor to the U.S. economy. [87] On March 25, the United States Senate began voting on its coronavirus aid and relief, which includes $17 billion in aid to Boeing. [88] [89]
LONDON — Boeing’s output of 737 Max planes is showing signs of improvement, the new head of its commercial unit said ahead of a major air show on Sunday, while admitting that the manufacturer ...
Airline CEOs are getting more vocal about how Boeing needs to be held accountable for recent troubles surrounding its 737 Max 9 jets.
The memo, shared on Twitter/X by Jon Ostrower, editor-in-chief of trade publication The Air Current, details West’s attempts at cutting losses as Boeing grapples with the avalanche of recent losses.