Boeing CEO says 'trust in our company has eroded,' calls for 'fundamental culture change'
BoeingBoeing(US:BA) Fox Business·2024-10-23 16:21

Boeing CEO Kelly Ortberg said Wednesday that "trust in our company has eroded" and laid out a plan for the aerospace giant to regain a leadership position in the industry while addressing its financial challenges. Ortberg, who was appointed as Boeing's CEO in late July, faces an ongoing strike by Boeing machinists that has impacted production along with a loss of confidence stemming from a series of incidents like the midair blowout of a 737 Max 9 door panel in January. The company's balance sheet is also i ...