Former Rockwell Collins CEO named new CEO of troubled aircraft manufacturer Boeing

Category: Business

Boeing reported a loss of over $1.4 billion in Q2, with revenue down 15% year-over-year. Robert 'Kelly' Ortberg will take over as CEO amid ongoing challenges, including fraud allegations related to the Max crashes and increased regulatory scrutiny. The company is also facing supply-chain issues and is working on new aircraft models.

Keywords: Boeing, financial loss, CEO transition

Source: KCRG

Update At: 7/31/2024

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