CNBC on LinkedIn: New Boeing CEO sets sights on 'leaner' future …

Boeing’s new CEO Kelly Ortberg on Wednesday said the company needs to restore company culture by getting back to its roots. Boeing reported a more than $6 billion loss for the third …

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CNBC On LinkedIn: New Boeing CEO Sets Sights On 'leaner' Future …

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Boeing’s new CEO Kelly Ortberg on Wednesday said the company needs to restore company culture by getting back to its roots. Boeing reported a more than $6 billion loss for the third …

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CNBC On LinkedIn: New Boeing CEO Sets Sights On "leaner" Future

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Boeing’s new CEO, Kelly Ortberg, said the company must focus on its core business in first earnings call since taking the top job in August. Boeing reported a more than $6 billion loss for …

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CNBC On LinkedIn: New Boeing CEO Sets Sights On 'leaner' Future …

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Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units. CNBC on LinkedIn: New Boeing CEO sets …

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New Boeing CEO Sets Sights On 'leaner' Future As Quarterly

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New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion. ... Boeing's new CEO, Kelly Ortberg, is focusing on the company's core business and preparing to raise funds …

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Boeing's Crisis Deepens By $6B - LinkedIn

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As expected, Boeing reports $6.2 billion loss in Q3, with $1.8 billion negative cash flow. Commerical lost $3B and Defense $2B. Kudos to new CEO Kelly Ortberg for transparency & …

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Eric Stoclet On LinkedIn: New Boeing CEO Sets Sights On 'leaner' …

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New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion

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FAQs about CNBC on LinkedIn: New Boeing CEO sets sights on 'leaner' future … Coupon?

What can a new CEO do for Boeing?

By nature the relationship can be adversarial, but the new CEO has an important opportunity to position Boeing as more than cooperative and supportive of the common goals of safety and reliability that the regulators are there to achieve. Change the Culture - Boeing’s culture has been described by many in the industry as bureaucratic and arrogant. ...

How did Boeing perform in 3rd quarter?

Boeing released preliminary third-quarter results earlier this month, showing revenue of $17.8 billion, which would be down less than 2% from a year earlier, as well as a loss of $9.97 a share and a cash outflow of $1.3 billion. It said it ended the third quarter with $10.5 billion in cash and marketable securities. ...

What did Boeing CEO Kelly Ortberg say?

ARLINGTON, Va., Oct. 11, 2024 / PRNewswire / -- Boeing [NYSE: BA] President and CEO Kelly Ortberg shared the following message with all employees today: Team, Our business is in a difficult position, and it is hard to overstate the challenges we face together. ...

Why did Boeing shake-up its leadership?

Boeing’s relationships with its bread-and-butter customers has suffered recently, and its leadership shake-up came after airline CEOs sought a meeting with the company’s board as delays of aircraft piled up in the wake of the door plug blowout. ...

How can Ortberg be realistic with Boeing executives?

Former United Airlines CEO Oscar Munoz said Ortberg will need to be realistic with executives. Reaching out to key customers and Boeing employees “and letting them know that they have a leader that they can trust and work with” will be key, Munoz told Reuters. ...

Is Boeing losing market share?

Look to the Future - Boeing is suffering a major loss of market share to its primary rival Airbus which will persist for at least the next decade. ...