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Boeing should treat workers better to recover from its 'mess,' Emirates boss tells BI
BABoeing(BA) Business Insider·2025-01-16 12:23

Core Insights - The president of Emirates airline emphasizes the need for Boeing's new CEO to improve worker treatment to foster better company performance [1][6] - Boeing has faced significant challenges, including a seven-week strike and certification delays for the 777X model, leading to a decline in aircraft deliveries [2][3] - The company delivered only 348 planes in 2024, marking its lowest output since the pandemic [3][6] Company Performance - Boeing's shares fell by 31% in 2024, making it the largest decliner among the 30 stocks in the Dow Jones Industrial Average [5] - The company is undergoing a production overhaul under new CEO Kelly Ortberg, who took over in August [4] Industry Context - Emirates is one of Boeing's largest customers, with a significant order of over 200 modernized 777X aircraft [3] - Tim Clark believes Boeing's recovery will take years, suggesting that the company must prioritize quality and safety in aircraft production to regain profitability [4]