Boeing has made progress winnowing its once-massive inventory of undelivered 737 Max and 787s and is now preparing to shutter so-called "shadow factories" in which it has been completing rework on the aircraft.
"That team has done a great job of improving the overall performance and quality of the fuselages," Boeing's CEO said of Wichita-based Spirit AeroSystems.
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six months into the job, he thinks Boeing is "starting to turn the corner."
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.
Indian low-cost airline SpiceJet is to restore its grounded Boeing 737 MAX fleet to service after signing a crucial engine maintenance deal.
Boeing has crashed to the second biggest annual loss in its 109-year history as the plane maker grapples with the fallout of a major safety scandal.
EVERETT — Boeing CEO Kelly Ortberg sees increased aircraft production in its troubled commercial aircraft division helping with a financial recovery this year after a disastrous 2024 meant a $11.8 billion loss and undelivered planes.
The year 2024 was quite eventful for both United Airlines and Boeing, to say the least. Both companies faced several challenges, some of which were related to each other, but both ended the year quite differently.
United Airlines has made history by welcoming its 1,000th mainline aircraft and becoming the world's largest carrier by mainline fleet size. Registered N77584, the 1,000th aircraft was a Boeing 737 MAX 9,
Boeing CEO Kelly Ortberg promises an increase in 737 MAX jet production despite past setbacks. While some industry analysts express optimism, others remain wary. Suppliers are cautious due to past failed production increases.
There are reasons for optimism, said Gautam Khanna, an aerospace analyst with TD Cowen. Since Ortberg took the reins in early August, Boeing appears to be taking a more deliberate approach to solving production problems by slowing down now in order to avoid getting derailed when output speeds up later.
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