Boeing has dramatically reduced its quarterly losses and increased sales, delivering the highest number of airplanes since 2018. CEO Kelly Ortberg highlights improvements and future goals as challenges remain.
Boeing is stabilizing under CEO Kelly Ortberg, with shares up over 30% this year. As production ramps up and financial losses decrease, analysts are optimistic about the future of the aerospace giant.
The NTSB reveals that a recent Boeing incident was entirely avoidable, attributing failures to a decade of ignored safety audits. With a criminal investigation underway, Boeing faces serious repercussions and leadership changes.
Boeing CEO Kelly Ortberg is set to testify before a Senate committee on the company's significant reforms aimed at enhancing safety and manufacturing standards after a series of crises. Amid scrutiny, Ortberg asserts that changes are vital for restoring trust and ensuring product safety.
Find out how Elon Musk is playing a significant role in resolving the delays and issues surrounding Boeing's Air Force One planes, impacting the company's future and stock performance.
