Incoming Boeing chief executive Robert "Kelly" Ortberg is set to officially take the reins of the aerospace giant next week. Here is a look at his background.
While the company was awarded a massive, $4.2 billion contract to accelerate Starliner development in 2014, it was structured as a “fixed-price” model.
Boeing has revealed that it has taken another $125 million in losses as a result of its Starliner spacecraft's delayed return from the ISS. As SpaceNews reports, the company has revealed the losses in a filing with the US Securities and…
Get latest articles and stories on India at LatestLY. As many as 56 Boeing 737 Max planes are being operated by Indian carriers, and no engine failures have been reported by them recently, the government said on Thursday.
Boeing’s latest quarterly earnings report shows the company’s losses on Starliner have grown by another $125 million to reach some $1.6 billion in total.
Get latest articles and stories on India at LatestLY. The minister of state in the ministry of civil aviation, Murlidhar Mohol, said in the Lok Sabha that out of the total fleet of 56 Boeing 737 Max aircraft registered and operating in…
Boeing Co‘s (NYSE:BA) defense, space, and security segment recorded an increased loss from operations of $913 million in the second quarter and revenue of $6 billion, marking a drop of 2% year-on-year, owing to multiple factors including…
Boeing took another loss on its CST-100 Starliner commercial crew program as the company works to prepare the spacecraft for its delayed return from the International Space Station.
Analysis by Allison Morrow, CNN New York (CNN) — Congratulations, Kelly Ortberg. You’ve just landed a job that is simultaneously the best and worst in Corporate America. Hear me out. As the next CEO of Boeing, Ortberg is taking over a once…