President Donald Trump has expressed frustration about delays of the specially-outfitted pair of 747s that will serve as the next Air Force One aircraft. Boeing CEO Kelly Ortberg has said the company is working with Trump's advisor Elon Musk to deliver the aircraft faster.
President Donald Trump's nominee to serve as deputy secretary of the U.S. Transportation Department said regulators need to take a more aggressive approach to overseeing planemaker Boeing.
The Boeing Company (NYSE:BA ) Barclays Industrial Select Conference February 20, 2025 8:40 AM ET Company Participants Kelly Ortberg – President and Chief Executive Officer Conference Call Participants David Strauss – Barclays Capital David Strauss Next up, we're pleased to have Boeing, Kelly Ortberg, CEO of Boeing, I think his first conference appearance in the role. Kelly Ortberg Yes.
Boeing's supply chain for the 737 MAX is in good shape as the U.S. planemaker aims to grow output of its strongest-selling jet to 38 a month by mid-2025, CEO Kelly Ortberg said on Thursday.
Donald Trump said Wednesday his administration was "looking at alternatives" to Boeing following delays in delivering two new models of the US presidential Air Force One plane.
U.S. President Donald Trump said on Wednesday he was not happy with planemaker Boeing and his administration might have to go a different route with Air Force One planes.
Boeing (BA -0.55%) has been plagued with challenges hurting its ability to build and sell planes.
The Air Force One program may be further delayed until 2029 or years later, a senior administration official said, citing supply chain issues and changing requirements, after the White House highlighted delays in the project over the weekend.
CNBC Marathon explores the different struggles the aircraft company Boeing, has faced these past couple of years. Boeing's 747 is one the most recognizable planes to take to the skies with its iconic hump, four engines, extensive landing gear and sheer size.
Boeing shows promising signs of a turnaround, with January deliveries reaching the highest point since December 2023, despite expected dips in February. January orders included 36 airplanes valued at $2.1 billion, with no cancellations, indicating a stable order book and backlog. Boeing delivered 45 airplanes in January, a 66% volume increase and a 75% value increase compared to the previous year, suggesting a more attractive value mix.
President Donald Trump toured a Boeing plane on Saturday to highlight delays in delivering new Air Force One aircraft, said the White House.
Boeing CEO Kelly Ortberg will testify on April 2 before the U.S. Senate Commerce Committee, the panel's chair, Republican Senator Ted Cruz, said on Friday.