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Boeing's New CEO Kelly Ortberg: A Fresh Start Amid Challenges
2024-07-31 23:55:08
Business

Boeing's New CEO Kelly Ortberg: A Fresh Start Amid Challenges

Kelly Ortberg, the new Boeing CEO with an engineering background, aims to lead the company's revival. Ortberg's experience in aerospace and industry integration is key as he takes on the task of rebuilding Boeing's reputation.

While some express confidence in Ortberg, challenges loom, including delays in aircraft certifications and quality issues. Ortberg's priority will be establishing a new corporate culture and ensuring stringent quality control, steering Boeing away from past setbacks towards a safer future in aviation.

Related news on that topic:

Boeing's New CEO Faces Challenges Amid Production Woes

Boeing's newly appointed CEO, Kelly Ortberg, takes on the task of reviving the aircraft manufacturer. The company has been plagued by fatal crashes, quality issues, and a 20-month flight ban for the 737 Max. Ortberg, who previously led Rockwell Collins, must also address the delivery backlog and catch up to competitor Airbus. Major airlines like Southwest and Ryanair have had to scale back their expansion plans due to the production issues. In addition to Boeing, Airbus is also facing struggles, reducing delivery plans and relying on aging planes. The labor shortage, supply chain disruptions, and safety issues pose significant challenges for the industry as a whole. Engine makers, however, are profiting from maintenance demands. It is estimated that it will take several years to resolve the industry's production challenges.

Struggling Boeing Corporation Brings in Experienced Aviation ... as CEO

Boeing has appointed Robert 'Kelly' Ortberg, an experienced aviation executive, as its new CEO. Ortberg will take over on August 8th and will have the challenging task of addressing safety issues and improving quality control. The company reported a quarterly loss of $1.44 billion, much higher than expected. Ortberg, who previously led Rockwell Collins, brings over 35 years of industry experience to the role. Boeing is facing significant challenges, including the grounding of the 737 MAX, declining commercial deliveries, and a criminal fraud conspiracy charge related to the 737 MAX crashes. The appointment of Ortberg comes earlier than anticipated, as outgoing CEO Dave Calhoun had planned to step down at the end of the year. Boeing's new CEO will need to navigate the company through these turbulent times and work towards a turnaround in the business performance.

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The press radar on this topic:

Yahoo News
31. Juli 2024 um 15:03

New Boeing boss Kelly Ortberg brings engineering background, aerospace roots

Finance
Economy
Kelly Ortberg, former Rockwell Collins CEO, appointed as new Boeing boss. He has an engineering background and aerospace industry experience, including leading Rockwell Collins' integration with United Technologies and RTX, and serving as chair of the Aerospace Industries Association during the COVID-19 pandemic. Ortberg will be based in Seattle, where Boeing's 737 MAX and 777 jets are produced. Southwest Airlines, Gabelli Funds, and AeroDynamic Advisory have expressed support for Ortberg's ap..
heise online
31. Juli 2024 um 22:04

Boeing Problem Zone: New CEO Found | heise online

Economy
Boeing has a new CEO, Robert "Kelly" Ortberg, who will take over the leadership from August 2024. Ortberg has experience in the avionics industry, including as CEO of Rockwell Collins and after the acquisition by Raytheon. Boeing has major problems, including after the crashes of the 737 MAX and quality defects. The outgoing CEO Calhoun recently presented poor quarterly figures. Ortberg is now supposed to establish a new corporate culture and quality assurance at Boeing.
heise online
31. Juli 2024 um 22:04

Problem Zone Boeing: New CEO Found | heise online

Economy
The new Boeing CEO Ortberg is to lead the company out of the crisis. Boeing has major problems after the crashes of the 737 MAX and quality defects. Ortberg has to establish a new corporate culture and quality assurance. His predecessor Stonecipher had pushed the outsourcing strategy. In addition, the approvals of the 737 MAX 7 and 737 MAX 10 are delayed, as the FAA is taking a closer look. Boeing's major customer United Airlines also sees a "two-decade problem" for the company.
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