Boeing CEO says the company must fundamentally change as losses surge | CNN Business
New York
CNN
—
Boeing reported huge quarterly losses Wednesday, as new CEO Kelly Ortberg conceded “it will take time to return Boeing to its former legacy.”
“Going forward, we will be focused on fundamentally changing the culture, stabilizing the business, and improving program execution,” said Ortberg, who took over control of the embattled aircraft maker in August, a month before the start of a strike by 33,000 members of the International Association of Machinists.
The company’s net loss surg...
Read more at cnn.com