Quantcast

Boeing CEO outlines structural changes amid ongoing challenges

GLOBAL INDUSTRY NEWS
Airport Workers Save the Day After Woman Loses Diamond from Her Engagement Ring in Baggage Carousel
I never talk to strangers on the plane. After my dad died, a passenger helped me talk about my grief.
American Airlines reveals new summer route: Miami → Rome
Budget UK airline launches huge sale with £29 flights to 475 holiday hotspots – but you’ll have to be quick
Delta Passengers Can Book a ‘Last Mile’ Private Jet Charter to Europe This Summer
Honeywell Runway Safety Technology Selected by Southwest Airlines for Fleetwide Installation
Southwest Airlines Adds Cockpit Alerts to Boost Runway Safety
This Airline Is Going to Start Handing Out $675 Fines to 'Unruly' Passengers: 'It Is Unacceptable'
Summer of savings? New analysis shows airfare has dropped significantly - The Points Guy
Travelers are taking extreme measures and using hacks to avoid airline baggage fees
Pigeons Cause Chaos on Delta Flight
United Airlines’ Uniforms Get A Facelift—And A Political Filter
United Continues to Face Catering Chaos at San Francisco
Passenger Stows Away on Delta Flight from New York to Paris
Wizz Air becomes first airline to operate P&W-powered Airbus A321XLR jet
Hawaiian Airlines’ new ‘no show’ policy may make travel more expensive
BLIMP-SE OF THE FUTURE Luxury zeppelins of the future from ‘flying bum’ world’s largest aircraft to Google billionaire’s ‘impossible’ airship
Swiss Startup SmartFlyer Develops Hybrid-Electric Trainer
San Francisco-based entrepreneur takes a trip on India's worst-rated airline, his reaction will surprise you
First-Time Flyer at 81: A Grandmother's Memorable Journey
Ryanair forecasts fare rebound as consumers recover from interest-rate hit
Alaska Airlines' “Aviation Day” inspires future aviators
Global Airlines Launches Inaugural Flight, Aiming to Revive 'Golden Age of Travel'
Winning routes: American Airlines adds more than 22,000 seats for football fans following release of 2025–2026 pro schedule
Boeing scores Middle East plane deal during Trump visit
Air travel will be ‘worse’ this summer, lawmakers warn — as FAA gives infuriating update on system fixes, staffing issues
Qatar Airways places record $96 billion Boeing order amid Trump visit
United Airlines CEO Reassures Passengers About Newark Airport Safety
American Testing Tech to Help Passengers Make Connecting Flights
British Airways to use AI in efforts to improve operations
Global Industry News
Boeing CEO outlines structural changes amid ongoing challenges
Webp g9qu4up1rykhdkrtjslyzg8k02bh
Chris Raymond Executive Vice President President and Chief Executive Officer, Boeing Global Services | Boeing

Boeing CEO Kelly Ortberg addressed employees on October 11, 2024, regarding the company's current challenges and future direction. In a message to staff, Ortberg emphasized the need for structural changes to maintain competitiveness and fulfill customer expectations over the long term.

Ortberg outlined specific program updates that reflect Boeing's strategic adjustments. The 777X program faces delays due to development challenges, flight test pauses, and work stoppages. Consequently, first deliveries are now expected in 2026. Additionally, Boeing will complete existing orders for 767 Freighters before ending production of the commercial program in 2027. However, production of the KC-46A Tanker will continue.

The company anticipates significant new losses in its BDS segment this quarter due to fixed-price development program issues and other challenges. Ortberg announced he would provide more oversight of this business area.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
Subscribe
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

As part of aligning with financial realities and focusing priorities, Boeing plans a workforce reduction of approximately 10 percent across executives, managers, and employees. Ortberg assured employees that leadership would soon share detailed information about these changes within their respective organizations.

Ortberg acknowledged the difficulty these decisions pose for employees but stressed their necessity for business recovery. He committed to transparency throughout the process while maintaining focus on safety, quality, and customer delivery.

In closing his message to employees, Ortberg expressed gratitude: "Thank you for all that you are doing through this very challenging time at Boeing."

Organizations Included in this History
Boeing
More News

Ethiopian Airlines launches new daily passenger service to Abu Dhabi

Ethiopian Airlines has announced the launch of a new daily passenger service to Abu Dhabi, United Arab Emirates.

Jul 16, 2025

Etihad Airways to launch seven new destinations under Etihad Beyond Borders campaign

Etihad Airways has announced the launch of services to seven new destinations—Almaty, Baku, Bucharest, Medina, Tashkent, Tbilisi, and Yerevan—beginning in November 2025.

Jul 16, 2025

Airlines for America highlights increased FAA funding for hiring and infrastructure

Airlines for America has emphasized the need for increased funding from the Federal Aviation Administration (FAA) to hire more air traffic controllers, update infrastructure, and build on the One Big Beautiful Bill down payment.

Jul 16, 2025

LAX announces full closure of Aviation Boulevard between Arbor Vitae and Century

Los Angeles International Airport (LAX) has announced a complete closure of Aviation Boulevard between Arbor Vitae Street and Century Boulevard from July 14 at 9 a.m. to July 21 at 6 a.m. Shuttle access to the LAX/Metro Transit Center will remain...

Jul 16, 2025

Avianca promotes new Bogotá–Dallas route with ‘Tu Historia, Nuestra Historia’ campaign

Avianca has announced the launch of a social media thread on X, inviting travelers to explore Dallas as a new destination.

Jul 16, 2025

Finnair announces labor agreement, canceling strikes and resuming normal operations

Finnair announced that Palta and the Finnish Transport Workers’ Union (IAU) have reached a negotiation result, leading to the cancellation of all previously announced strikes and the resumption of normal flight operations.

Jul 16, 2025

Aviation Comments
Loading...

No comments available.

Trending
1

Flying Food Group celebrates National Logistics Day by honoring its logistics team

2

Nationwide job openings available for interested candidates

3

Financial controller position open in Seattle with competitive salary

4

Flying Food Group acknowledges Newark team for culinary contributions