New Boeing CEO Kelly Ortberg faces big overhaul, from factories to finances

Quick Summary:

Reaching out to key customers and Boeing employees and letting them know that they have a leader that they can trust and work with” will be key, Munoz told Reuters.

Once it gets the company on solid footing, Boeing leadership will need to focus on launching a new commercial jet to add to its aging product line, analysts said.

Rating agency S&P said it could downgrade the company's credit rating to junk status if Boeing does not make progress toward more normalized production levels.

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Category: BusinessFinance

Markets: IndiaMali

Topics: Kelly Ortberg Boeing Airline CEO change Overhaul Labour disruptions

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 06:56:53 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 809 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21892133

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