Boeing Company (BA)
Boeing Investors Should Pump the Brakes on New CEO Ortberg. Look at GE's Larry Culp for Why.
GE Aerospace CEO Larry Culp turned around the iconic American manufacturer. But it wasn't always smooth sailing.
Lawyers for families of 737 Max crash victims ask court to block Boeing plea deal
DALLAS — Lawyers for relatives of some of the people killed in Boeing Max jetliner crashes asked a federal judge on Wednesday to reject a plea agreement the aircraft maker struck with U.S. prosecutors, saying it is too lenient and lets Boeing avoid accountability for causing 346 deaths.
Boeing 737 MAX crash families say planemaker should face much higher fine
Families for some of the 346 people killed in two fatal Boeing 737 MAX crashes said on Wednesday a U.S. judge should reject the planemaker's proposed plea deal with the Justice Department and said the government should seek a much higher fine.
Boeing names new CEO after a second-quarter loss of $1.4 billion
Boeing named a longtime aerospace industry veteran on Wednesday as its next chief executive, who will take over a company that has been rocked by legal, regulatory and production problems.Robert “Kelly” Ortberg, a former CEO at Boeing supplier Rockwell Collins, will succeed David Calhoun as CEO and president effective Aug. 8, the company said. Calhoun announced in March that he would retire at the end of the year, and analysts generally praised the quicker transition.Boeing named its new CEO as it reported a loss of more than $1.4 billion on falling revenue during the second quarter.
Why Boeing Stock Is Flying Today Despite Q2's Falling Sales and Bigger Loss
Aircraft maker Boeing suffered growing losses last quarter as orders and deliveries of new aircraft weakened. A new CEO, however, offers promise of a much-needed reset of how the company operates.
Boeing chooses its next CEO — and he will reportedly be based back in Seattle
Opening up a new chapter in its century-long history, Boeing says its next CEO and president will be Kelly Ortberg, a 64-year-old aerospace executive who previously held the CEO post at Rockwell Collins, now a subsidiary of RTX.
The Boeing Company (BA) Q2 2024 Earnings Call Transcript
The Boeing Company (NYSE:BA ) Q2 2024 Earnings Conference Call July 31, 2024 10:30 AM ET Company Participants Matt Welch - Vice President of Investor Relations Dave Calhoun - President & Chief Executive Officer Brian West - Executive Vice President & Chief Financial Officer Conference Call Participants Doug Harned - Bernstein Peter Arment - Baird Sheila Kahyaoglu - Jefferies Myles Walton - Wolfe Research David Strauss - Barclays Jason Gursky - Citigroup Kristine Liwag - Morgan Stanley Cai von Rumohr - TD Cowen Seth Seifman - JPMorgan Noah Poponak - Goldman Sachs Ken Herbert - RBC Capital Markets Operator Thank you for standing by. Good day, everyone, and welcome to the Boeing Company's Second Quarter 2024 Earnings Conference Call.
Boeing's New Pilot Has the Turnaround Job of the Decade
The leadership change at Boeing bodes well for the radical transformation that the plane maker requires. But outflying a troubled culture and growing debt pile will be tough.On Wednesday, the Arlington, Va.
Stock Of The Day: Will Boeing Earnings Drive Stock Higher?
The Boeing Company BA reported earnings that were well short of estimates. But the stock has moved higher and may continue to do so.
Boeing's new CEO Kelly Ortberg faces significant challenges, analysts say
Boeing Co (NYSE:BA, ETR:BCO) has named Kelly Ortberg as its new Chief Executive Officer, replacing outgoing CEO Dave Calhoun. Ortberg, previously CEO of Rockwell Collins and a special advisor to United Technologies CEO Greg Hayes, brings a wealth of experience in both the Commercial Aerospace and Defense sectors.
Boeing May Have Gotten It Right With Kelly Ortberg As CEO
Wall Street wanted an outsider with engineering and manufacturing experience to be Boeing's next CEO. The embattled company's board of directors delivered Wednesday, announcing that former Rockwell Collins CEO Robert “Kelly” Ortberg will take the reins on August 8.
Boeing's (BA) Q2 Earnings Miss Estimates, Revenues Decline Y/Y
Boeing's (BA) Q2 revenues of $16.87 billion miss the Zacks Consensus Estimate by 3.5% and decline 15% from the year-ago quarter's reported figure.
