Kelly Ortberg

The Boeing Co. (NYSE:BA) Air Force One replacement program remains years behind schedule and billions over budget as workforce challenges and design complications continue plaguing production, a new report states. What Happened: The Government Accountability Office shared on Wednesday that “...

Boeing Co. (NYSE:BA) CEO Kelly Ortberg said that the company aims to complete certification of its delayed 737 MAX-7 and MAX-10 variants by year-end, marking a critical milestone for the aerospace giant’s commercial recovery strategy. What Happened: Speaking to Aviation Week at Boeing’s...

Boeing Co. (NYSE:BA) is implementing a strategic pivot in response to China’s halt of aircraft deliveries amid escalating tariff tensions, according to statements made during the company’s first quarter of 2025 earnings call. What Happened: CEO Kelly Ortberg confirmed that Chinese...

Boeing Co. (NYSE:BA) CEO Kelly Ortberg confirmed on Wednesday that China has stopped taking delivery of Boeing aircraft due to escalating trade tensions and high tariffs between the U.S. and China. The Details: Ortberg said in an interview with CNBC that several Boeing 737 MAX jets that were in...

Boeing Co. (NYSE:BA) is flying into earnings Wednesday morning before market hours, with turbulence already rocking the fuselage. Shares are down nearly 7% year to date, with a brutal 11% drop in the past month alone. Wall Street’s forecast for a $1.25 per-share loss in the first quarter isn'...

China’s ban on deliveries from Boeing Co. (NYSE:BA) and a resultant halt of Chinese airlines purchasing airplane parts or equipment from U.S. companies is a serious matter for the Trump administration, says Bank of America. What Happened: The ban has drawn the attention of President Donald...

In the escalating trade war initiated by President Donald Trump, Boeing Co (NYSE:BA) may face significant challenges, potentially tipping the scales in favor of its European competitor, Airbus SE (OTC:EADSY). What Happened: The increased tariffs imposed by Trump could lead to a...

Boeing Company (NYSE:BA) stock traded lower on Thursday. The company’s CEO, Kelly Ortberg, reportedly said that SpaceX’s Elon Musk is helping to solve issues within the delivery process of Boeing’s Air Force One presidential jet, Reuters reports. At the Barclays Industrial Select...

Boeing Co (NYSE:BA) will report its fourth-quarter earnings on Tuesday. Wall Street expects an EPS loss of $2.44 on $16.17 billion in revenue when the plane manufacturer reports before the market opens. The stock is down 14.2% over the past year, off 5.05% in the last six months, but has gained 2....

Boeing Co. (NYSE:BA) stock fell more than 4% in premarket trading Monday following news of a deadly 737-800 crash in South Korea. Plane Manufacturer Stock Slides The tragic incident, which resulted in 179 fatalities after a Jeju Air flight crash-landed, has thrown the spotlight back onto safety...

Boeing Co‘s (NYSE:BA) head of government affairs and chief lobbyist Ziad Ojakli is reportedly leaving the planemaker. What Happened: Ojakli will be replaced by executive Bill McSherrry on an interim basis, Reuters reported on Friday, citing a mail sent by Boeing CEO Kelly Ortberg to employees...

Boeing Co (NYSE:BA) is issuing layoff notices to 17,000 employees as part of a broader effort to rightsize its workforce. The cuts, totaling 10% of the company's global headcount, come as the plane maker battles financial turbulence, including a shaky stock performance and production slowdowns....

Boeing Co’s (NYSE:BA) striking machinists are set to vote on a new labor contract proposal on Monday that could end the more than seven-week-long strike. What To Know: Boeing’s latest contract proposal includes a 38% wage increase over four years, up from the 35% increase that was...

SpaceX CEO Elon Musk heaped praise on Boeing Co.’s (NYSE:BA) current CEO earlier this week after slamming its former CEO Dave Calhoun for the company’s many hardships throughout the year. What Happened: “The new Boeing CEO spends time in the factory and understands engineering,...

Boeing Co.'s (NYSE:BA) striking machinists overwhelmingly rejected the company's latest offer in a union member vote tallied late Wednesday. The proposed labor deal would have ended the work stoppage that has already cost Boeing an estimated $2 billion over the last five weeks.  The Details:...