Boeing posts staggering $6B loss as CEO calls for ‘fundamental culture change'
Boeing(BA) New York Post·2024-10-23 23:35
Boeing CEO Kelly Ortberg laid out a cautious path to turn the company around on Wednesday, calling for a “fundamental culture change” at the struggling planemaker as its quarterly losses surged to $6 billion due to a crippling strike.The company has now racked up losses of nearly $8 billion for the current year, as a halt in production of its 737 MAX, 777 and 767 planes following the strike and an ailing defense and space division hammer its business.Boeing shares slipped 3% on Wednesday. 4 Boeing, headed ...