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Boeing has been on an upswing since CEO Kelly Ortberg took over the top job a year ago. Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago ...
Boeing has recorded another $250 million loss on its Starliner program. New CEO Kelly Ortberg said Boeing will not walk away from its loss-making contracts.
Additionally, Boeing has promoted Brian West, the company's former CFO, to senior advisor for Kelly Ortberg, Boeing's CEO and president. Boeing has had a tumultuous time in recent years.
CEO Kelly Ortberg, who took the top job at Boeing last August, has said the company has made progress in improving production rates and quality on its factory lines.