Boeing welcomes a new CEO, Robert “Kelly” Ortberg, who is eager to tackle the challenges facing the company’s troubled factory near Seattle. Despite Boeing’s recent agreement to plead guilty to conspiracy to commit fraud and ongoing struggles with its aircraft-manufacturing process, Ortberg expressed enthusiasm about taking on the role.
Ortberg’s appointment came just after Boeing reported a significant loss of over $1.4 billion in the second quarter, largely attributed to a sharp decline in new airplane deliveries, particularly the 737 Max. The National Transportation Safety Board recently concluded a hearing on the 737 Max following an incident involving a panel blowout during an Alaska Airlines flight in January, shedding light on systemic issues within Boeing’s production processes.
During the hearing, a Federal Aviation Administration manager revealed that there are 16 ongoing enforcement cases against Boeing, a much higher number than usual, with half initiated since the panel blowout incident. Ortberg is stepping in to lead Boeing after previous CEOs failed to address the company’s mounting challenges, signaling a new chapter in Boeing’s efforts to regain stability and trust in the aerospace industry.