Boeing, Air India
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Boeing was generating optimism. Then on Thursday a 787 crashed, raising the specter of fresh problems for Boeing and altering the message it planned to send.
With public perception of Boeing still on shaky ground, it will fall to executives to move the company past a series of regulatory crises.
Boeing Co. Chief Executive Kelly Ortberg finds himself in a familiar role — facing another crisis — this time a crash involving the company’s marquee 787 Dreamliner jet in India that killed more than 240 people.
Boeing Co.’s stock is poised to gain about 25% within the next year, as the aerospace and defense giant has emerged as a favorite “trade tool” for the Trump administration and has made progress under Chief Executive Kelly Ortberg.
The weekend was filled with significant developments in the business world, from a plane crash to concerns over the ISS. Here's a recap of the top stories.
The fatal crash tarnishes the Dreamliner jet’s safety record and muddies CEO Kelly Orthberg efforts to ramp up production as the airplane maker scored a flurry of new orders and hit
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Following the Air India's June 12 crash, Boeing CEO Kelly Ortberg cancelled plans to attend the Paris Air Show. Boeing's Commercial airplanes head Stephanie Pope wil also skip the event.
Boeing anticipates a 40% increase in global air travel demand by 2030, necessitating around 43,600 new jetliners by 2044.
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Boeing Lowers 20-Year Passenger And Cargo Growth Projections Despite Strong Jet DemandThe American aerospace major now estimates a need for 43,600 new aircraft through 2044, a marginal reduction from the 43,975 units projected in last year’s forecast for the period through 2043.
Just as Ortberg was gaining momentum at Boeing, the deadly crash of an Air India 787 to London underscored how difficult it remains to restore confidence in the embattled planemaker