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Posted on 07/28/2025 7:06:00 AM PDT by george76
Boeing has been on an upswing since CEO Kelly Ortberg took over the top job a year ago.
Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago when it reports earnings this week.
But Ortberg still has challenges ahead of him, including with ramping up production of jets, which will require FAA approval, and in company’s defense unit.
...
After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership.
Ortberg, a longtime aerospace executive and an engineer whom the manufacturer plucked from retirement to fix the problem-addled company last year, is set this week to outline significant progress since he took the helm a year ago. Boeing reports quarterly results and gives its outlook on Tuesday.
So far, investors are liking what they’ve been seeing. Shares of the company are up more than 30% so far this year.
Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago when it reports. Ortberg told investors in May that the manufacturer expects to generate cash in the second half of the year. Boeing’s aircraft production has increased, and its airplane deliveries just hit the highest level in 18 months.
...
Boeing under Ortberg still has much to fix.
The FAA capped Boeing’s production at 38 Maxes a month, a rate that it has reached. To go beyond that, to a target of 42, Boeing will need the FAA’s blessing.
...
Its defense unit has also suffered. The defense unit encompasses programs like the KC-46 tanker program and Air Force One
...
Ortberg replaced the head of that unit last fall.
(Excerpt) Read more at cnbc.com ...
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It can’t get no worse.
Good. Because Boeing is pretty damn important to our economy.
I’m from a “Boeing” family. But I see the modern “boeing” company as “Boeing” in name only. After the merger, they kept that name, but used the other company’s business plan. And here we are...
Ortberg, a longtime aerospace executive and an engineer.......................
The bean counters took over.
“I’m from a “Boeing” family. But I see the modern “boeing” company as “Boeing” in name only. After the merger, they kept that name, but used the other company’s business plan. And here we are...”
McDonnell-Douglass was a disaster. I worked at a company that bought a smaller, failing organization. The management of my company decided to rely on the management of the smaller, failing organization. I still shake my head thinking about it.
Exactly!. Boeing wasn’t perfect - which is why they needed the merger. But they really were an engineering company. MD did a lot of cool stuff a half century ago, but they became a profitable business that just happened to make airplanes.
They gave me a multipage powerpoint on their engineering process.
The one thing I never saw was a milestone based go/no-go decision where there was an assessment of whether the engineering goal would succeed on-time and under budget based on the adopted approach.
My impression was that they didn't care. Why? Because the process itself was the purpose, not material success or delivering a product.
It would not be cheap, however Boeing should re-locate all of it’s assembly to southern red states. Seattle doesn’t deserve the company.
Apart from intentionally choosing the A380 several times (once for the benefit of my girlfriend) I *absolutely* prefer Boeing. Strongly!
The 787 is nice. The windows are especially large. It was, I believe, the first airliner to introduce LED mood lighting where they used cool blues and purples on overnight flights before turning off the cabin lighting for sleeping, and then yellows and oranges in the morning just before breakfast service to help wake you up.
The cabin pressure and humidity are higher than in legacy aluminum airliners too to help reduce jetlag. Figures I’ve seen online are 6000 ft vs 8000 ft (11.8 psia vs 10.9 psia) and 10% to 15% humidity vs 4% to 7% humidity.
Despite my many flights on 787’s, I don’t really have a comment on cabin noise... I always have my headphones in.
Whenever possible, I try to fly international on the 787. I just like them! (Haven’t tried the A350 yet, so my preferences might change...)
I'd also like to fly the new 747. But IIRC only Korean Air and Lufthansa are flying the passenger version while many airlines fly the cargo version.
On the upswing? The Trump Revolution!
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