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☆ Lufthansa's boss called delays to Boeing deliveries 'extremely annoying,' and it further highlights a growing dilemma for the aviation giant
▼ + stars: | 2024-05-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

The CEO of Europe's biggest airline called Boeing's delivery delays "extremely annoying." AdvertisementThe CEO of Lufthansa has become the second airline boss in recent days to voice his frustration with Boeing over delivery delays. In an interview with Swiss newspaper Neue Zuercher Zeitung published Saturday, Carsten Spohr was asked about the planemaker's delivery delays. In an interview with CNBC, Sheikh Ahmed bin Saeed Al Maktoum told Boeing to "get your act together." AdvertisementAfter announcing his resignation, Boeing CEO Dave Calhoun said the company needed to slow down production in order to focus on safety.

Persons: —, Carsten Spohr, Sheikh Ahmed bin Saeed Al Maktoum, Dave Calhoun, Al Maktoum's, Brendan Nelson, Spohr Organizations: Alaska Airlines, Boeing, Service, Lufthansa, Swiss, Neue Zuercher, Europe's, Emirates, CNBC, Boeing Global, Sky Arabia, Ryanair, United Airlines, Max, Airbus, Zuercher Zeitung, Business

☆ Boeing just pulled a classic corporate America move and promoted a woman to clean up its mess
▼ + stars: | 2024-03-26 | by ( Meghan Morris | ) www.businessinsider.com time to read: +3 min

Boeing named Stephanie Pope the new CEO of its commercial airlines division on Monday. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementStephanie Pope knows Boeing well: a third-generation employee, she joined the company in 1994. Pope did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: Stephanie Pope, —, Pope, Stan Deal, Michelle Ryan, Elon Musk, Linda Yaccarino, Yaccarino, Carly Fiorina, Marissa Mayer, Sue Gove, Calhoun Organizations: Boeing, Service, BCA, Boeing Global Services, Twitter, HP, Yahoo, Bed, Business Insider

Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup for the embattled aerospace giant. Chairman of the board Larry Kellner is also resigning and will leave the board at Boeing's annual meeting in May. And Stan Deal, president and CEO of Boeing Commercial Airplanes, is leaving the company effective immediately. Scrutiny intensified after a Jan. 5 accident, when a door plug blew out of a nearly new Boeing 737 Max 9, minutes into an Alaska Airlines flight.

Persons: Dave Calhoun, Sen, Mark Warner, Larry Kellner, Steve Mollenkopf, Stan Deal, Stephanie Pope, Kellner, Calhoun, Dennis Muilenburg Organizations: Capitol, Boeing, Boeing Global Services, Alaska Airlines Locations: Washington , DC

☆ The new boss of Boeing's commercial airplanes division is a third-generation employee
▼ + stars: | 2024-03-25 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Dave Calhoun named a new chief executive of Boeing's commercial airplanes division. In his Monday announcement that he'd be stepping down as CEO of Boeing, Dave Calhoun also named Stephanie Pope as the new head of its commercial airplanes division. She replaces Stan Deal as CEO of Boeing Commercial Airplanes, which designs and builds planes such as the 777, 787 Dreamliner and the 737 family. She is deeply committed to our company, to our employees and to our shared future; and she is the perfect person to take on the leadership of our commercial airplanes business." AdvertisementShe was CEO of the global services division before becoming COO and has also held senior roles in other business units including commercial airplanes.

Persons: Dave Calhoun, Stephanie Pope, Stan Deal, She's, —, Pope, Calhoun, Stephanie Organizations: BCA, Boeing, Service, Airplanes, Boeing Global Services, Alaska Airlines, Eisenhower, Southwest Missouri State University, Lindenwood University Locations: Seattle, Renton, Everett, Washington, Calhoun, Brussels, Ireland

☆ Stocks like Microsoft have more room to run, as analysts name their top fourth-quarter picks
▼ + stars: | 2023-10-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Wall Street analysts have issued their lists of top stocks for the fourth quarter, and a slate of familiar names made the cut. These companies are firing on all cylinders and have more room to run, they said. They include Nvidia , Microsoft, Boeing and T-Mobile. Microsoft Buy any dip in the tech giant's shares, Wells Fargo said earlier this week. In addition, Boeing is in a "premier position" with its jumbo jet manufacturing as the company maintains a large market share, the firm said.

Persons: Wells Fargo, Michael Turrin, ROY, Wells, Mobile Goldman Sachs, Brett Feldman, Feldman, Goldman, Ronald Epstein, AeroSystems, Epstein, Grace, Hopper, C27E, …, Goldman Sachs Organizations: CNBC, Nvidia, Microsoft, Boeing, Mobile, Sprint, Boeing Global, Bank of America, Mizuho, ~$

☆ VietJet to take delivery of up to 12 Boeing 737 MAX jets next year
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: 1 min

An aircraft of the national flag carrier Vietnam Airlines taxis behind a Vietjet aircraft at Noi Bai airport in Hanoi, Vietnam December 23, 2020. REUTERS/Kham/File Photo Acquire Licensing RightsHANOI, Sept 12 (Reuters) - Vietnam's VietJet said on Tuesday it will take delivery of up to 12 737 MAX jets next year, out of 200 planes it has ordered with Boeing. The first batch of the jets will be delivered to its unit in Thailand, Thai VietJet, the company said in a statement, following a meeting between its chairwoman Nguyen Thi Phuong Thao and Boeing Global President Brendan Nelson in Hanoi. On Monday, VietJet signed a memorandum of understanding with Carlyle Aviation Partners for pre-delivery payment financing facility worth up to $550 million to fund its 737 MAX aircraft purchases, it said. Reporting by Khanh VuOur Standards: The Thomson Reuters Trust Principles.

Persons: Vietnam's VietJet, Nguyen Thi Phuong Thao, Brendan Nelson, VietJet, Khanh Vu Organizations: Vietnam Airlines, REUTERS, Rights, MAX, Boeing, Boeing Global, Carlyle Aviation Partners, Thomson Locations: Noi Bai, Hanoi, Vietnam, Rights HANOI, Thailand, Thai

[1/2] Boeing Commercial Sales and Marketing Vice President Ihssane Mounir attends a news conference at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 20, 2019. Ihssane Mounir has been named senior vice president of global supply chain, Boeing Commercial Airplanes Chief Executive Stan Deal said in an email to employees. Mounir was previously senior vice president of commercial sales and marketing. Among other moves, Deal said Brad McMullen, vice president of commercial sales North America, would succeed Mounir in his sales position while Kim Smith was named to the new role of vice president of Boeing Global Services (BGS) Total Quality. Deal told reporters last week that Boeing faces a number of supply-chain issues.

☆ Boeing commercial airplane unit names new supply chain, sales execs
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Dec 20 (Reuters) - Boeing (BA.N) Commercial Airplanes told employees on Tuesday it was tapping its sales chief to oversee supply chain issues as part of a number of executive moves. Boeing Commercial Airplanes CEO Stan Deal said in an email to employees seen by Reuters that Ihssane Mounir, senior vice president commercial sales and marketing, has been named senior vice president of global supply chain. Among other moves, Deal said Brad McMullen, vice president commercial sales North America, will succeed Mounir in his sales position while Kim Smith, vice president and general manager 747 and 767, was named vice president Boeing Global Services (BGS) Total Quality, a new role at Boeing. Reporting by David Shepardson Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

The move to strengthen industrial leadership comes after delays and cost overruns blighted a series of long-term projects for which Boeing is locked in to a fixed price. Chief Financial Officer Brian West said last month fixed-price defense contracts were being "knocked around" by supply chain problems, inflation and labor shortages. In 2006, incoming BCA chief Scott Carson appointed Jim Jamieson chief operating officer of the planemaking unit - a wide brief giving him effective oversight of jet manufacturing and development until his retirement about 18 months later. Those changes came just as Boeing was trying to juggle changes in manufacturing with the development of the Boeing 787, while still bearing the wounds of a 1997 production crisis. Airbus (AIR.PA) has long had a chief operating officer at its main planemaking arm, though in practice it is more than a divisional role as the defense and helicopter units slot in underneath.

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