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Boeing reports $6B loss
Boeing is set to report earnings for first time under CEO Ortberg. Here's what Wall Street expects to hear
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.
Boeing reports $6B loss as new CEO Ortberg touts labor deal
Boeing (NYSE:BA) on Wednesday reported a loss of $6.17 billion for the third quarter as new Chief Executive Kelly Ortberg said the troubled planemaker has lots of work ahead before it can build a newly designed plane.
Boeing posts staggering $6B loss as CEO calls for ‘fundamental culture change’
CEO Kelly Ortberg said Boeing is now reviewing its businesses and may end up selling some assets, as it downsizes its workforce to focus on civil planemaking and core defense units.
Boeing workers to vote on ending strike
Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms
As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.
Boeing loses $6.17 billion in Q3, CEO calls for company reset as IAM votes on ending strike
Boeing CEO Kelly Ortberg called for a fundamental culture change to stabilize the company as it reported a third quarter net loss of $6.17 billion. Boeing cash flow was a negative $1.345 billion .
Boeing workers vote on proposal that could end strike
The strike was set to cost Boeing $108 million per day in lost revenue, amounting to as much as $5.5 billion in losses should the work stoppage last 50 days, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the dispute. So far, the strike has lasted 40 days.
32m
Boeing’s problems will take time to fix, says CEO
During a quarterly earnings call, Boeing CEO Kelly Ortberg said the planemaker's problems will take time to fix.
Business Insider on MSN
4h
Boeing's CEO lays out his 4-part turnaround plan to fix 'festering of issues' in a memo to employees
Boeing CEO Kelly Ortberg said "trust in the company has eroded," that it's "saddled with too much debt," and has had "serious ...
6h
Boeing CEO Says Planemaker at a Crossroads Will Take Time to Fix
Boeing Co. Chief Executive Officer Kelly Ortberg provided an unvarnished view of his company at a crossroads, absorbed by ...
5h
Boeing reports $6 billion quarterly loss as industry, Wichita await results from high-stakes machinists vote
The earnings report dropped as Boeing machinists represented by the International Association of Machinists and Aerospace ...
1h
on MSN
Boeing expects to burn cash next year as CEO says there's no quick fix for ailing planemaker
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Boeing CEO Kelly Ortberg laid out a cautious path to turn the company ...
7h
Boeing Braces for Union Vote on Wage Deal That Could End Costly Strike
Since then, Boeing and the leadership of the International Association of Machinists and Aerospace Workers (IAM) union have ...
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