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☆ Boeing delivers fewest planes in October since 2020, warns factory restart after strike will take weeks
▼ + stars: | 2024-11-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

An employee works in the cockpit of a Boeing P-8 Poseidon maritime patrol aircraft on the production line at Boeing's 737 factory in Renton, Washington, November 18, 2021. Boeing machinists approved a new contract last week that included 38% pay raises over four years and other improvements, ending a more than seven-week strike that halted output of most of Boeing's aircraft production. Boeing's 787 Dreamliner production continued during the strike because those planes are made in a nonunion factory in South Carolina. Despite the strike pause, Boeing continued to sell dozens of aircraft in October, with 63 gross orders, two shy of September's total. Forty of them are 737 Max 8s for the Avia Solutions Group.

Persons: Max, Kelly Ortberg Organizations: Boeing, Avia Solutions, LATAM Airlines Locations: Renton , Washington, Washington state, Oregon, South Carolina

☆ Striking Boeing machinists vote on union-backed contract proposal, this time with a warning
▼ + stars: | 2024-11-04 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024. Boeing 's more than 32,000 striking machinists on Monday will vote for the third time on a contract proposal. The proposal includes 38% raises over four years, up from the 35% increase Boeing proposed and workers rejected late last month, extending the strike. Boeing said machinist pay will average $119,309 at the end of this contract proposal. But the union, upon unveiling the proposal last Wednesday, warned this deal might be as good as workers are going to get.

Organizations: International Association of Machinists, Aerospace Workers, Boeing, Workers Locations: Renton , Washington , U.S, Seattle

☆ Boeing, union reach sweetened contract offer in bid to end strike, vote scheduled for Monday
▼ + stars: | 2024-10-31 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Boeing and its machinists' union have agreed on a new negotiated offer to raise worker pay and potentially end a crippling strike that began almost seven weeks ago with a vote on the new proposal set for Monday. The union urged workers to approve the contract. Boeing said Thursday at the end of the contract, average machinist pay will average $119,309. "We encourage all of our employees to learn more about the improved offer and vote on Monday, Nov. 4," Boeing said in a statement. The Boeing strike is expected to dent Friday's U.S. jobs report.

Persons: Kelly Ortberg Organizations: International Association of Machinists, Aerospace Workers, Boeing, Workers, Microsoft, — Locations: Renton , Washington , U.S, Seattle

☆ New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
▼ + stars: | 2024-10-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +5 min

watch nowQuarterly lossesBoeing reported a more than $6 billion loss for the third quarter, its largest since 2020 when the pandemic halted most aircraft demand and its bestselling airplane was grounded after two crashes. It disclosed charges of more than $5 billion across its commercial and defense units and said it ended the third quarter with $10.5 billion in cash and marketable securities. Its commercial airplane unit's losses swelled to more than $4 billion from a $678 million loss a year before. Ortberg announced the departure of the defense unit's CEO, Ted Colbert, in September. He is expected to face questions on the call about which units or projects the company will consider shedding.

Persons: David Ryder, Kelly Ortberg, Ortberg, CNBC's Squawk, Brian West, Ted Colbert, we've, LSEG, Rockwell Collins, Max, weren't Organizations: Boeing Co, Bloomberg, Getty, Boeing, KC, International, NASA, CNBC, Alaska Airlines Locations: Renton , Washington, US

☆ New Boeing CEO to give clues on company's future, while striking workers vote on new contract
▼ + stars: | 2024-10-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +5 min

When he takes the mic for his first earnings call as Boeing's CEO on Wednesday, more than 32,000 striking machinists will start voting on a new, sweetened contract proposal. Narrowing businessesOrtberg, a longtime aerospace veteran who previously ran Rockwell Collins, took the reins at Boeing in early August. Boeing's new CEO Kelly Ortberg visits the company's 767 and 777/777X programs' plant in Everett, Washington, U.S. August 16, 2024. watch nowMending ties with workers, stabilizing supply chainThe results of the union vote will come out hours after the earnings call. Meanwhile, the strike is costing Boeing $1 billion a month, according to S&P Global Ratings estimates.

Persons: Ryan Bergh, Jason Redmond, JASON REDMOND, Kelly Ortberg, Rockwell Collins, Ortberg, Marian Lockhart, Ken Herbert, Leslie Josephs Organizations: International Association of Machinists, Aerospace Workers, Seattle Union Hall, Getty, AFP, Boeing, Reuters, Air Force One, Workers, CNBC Locations: Everett , Washington, Seattle , Washington, AFP, underperformance, Everett , Washington , U.S, Seattle, Renton , Washington

☆ Boeing to raise as much as $25 billion to shore up balance sheet
▼ + stars: | 2024-10-15 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Striking Boeing workers and their supporters picket outside the Boeing Co. manufacturing facility in Renton, Washington, on Sept. 16, 2024. Earlier, Boeing separately said in a filing that it has an agreement with a consortium of banks for a $10 billion credit agreement. "The credit facility provides additional short term access to liquidity as we navigate through a challenging environment," the company said in a statement. Boeing shares are down nearly 43% this year through Monday's close. Boeing is trying to shore up its balance sheet as it faces warnings from credit ratings agencies that it could lose its investment grade rating.

Persons: Boeing's, Kelly Ortberg, Ortberg Organizations: Boeing, Boeing Co Locations: Renton , Washington, Monday's

☆ Boeing factory strike crosses 1-month mark as pressure mounts on new CEO
▼ + stars: | 2024-10-14 | by ( Leslie Josephs | ) www.cnbc.com time to read: +6 min

There's no doubt about that," said Harry Katz, a professor who studies collective bargaining at Cornell University's School of Industrial and Labor Relations. Late Friday, Jon Holden, president of the striking workers' union, IAM District 751, pushed for a return to negotiations. However, unlike during the last Boeing factory strike in 2008, there is more contract work in the Seattle area to help workers fill the gaps. Slashing workforceA Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024. Boeing 737 fuselages on railcars at Spirit AeroSystems' factory in Wichita, Kansas, US, on Monday, July 1, 2024.

Persons: Stephen Brashear, It's, Boeing machinists, Kelly Ortberg, bookends, Max, wasn't, Harry Katz, Jon Holden, Ortberg, Jennifer Buchanan, hasn't, they're, Richard Aboulafia, Ron Epstein, Nick Oxford Organizations: Boeing, Getty, Cornell University's School of Industrial and Labor Relations, National Labor Relations Board, International Association of Machinists, Aerospace Workers, IAM, Boeing Renton Factory, AFP, of America, Bloomberg, & $ Locations: Renton , Washington, Seattle, Friday's, underperformance, Wichita , Kansas

☆ Boeing delivers 33 jets in September but strike impact looms
▼ + stars: | 2024-10-08 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing delivered 33 airplanes in September, six more than during the same period a year earlier, as the company and its customers keep an eye on the impact of a machinist strike, now in its fourth week. Through September, Boeing has handed over 291 aircraft, well below the 371 it had delivered in the first nine months of 2023. Deliveries are key to Boeing. It's already burned through more than $8 billion this year since customers pay the bulk of the price when they receive the airplane. The two sides are back at the negotiating table this week, though the union dismissed a sweetened offer from Boeing last month.

Persons: machinists Organizations: Boeing, Airbus, United Airlines, Ryanair, Southwest Airlines Locations: Renton , Washington

☆ Boeing 737 Max: FAA says workers pressured to put speed over quality
▼ + stars: | 2024-09-25 | by ( Pete Muntean | ) edition.cnn.com time to read: +3 min

Washington CNN —Boeing factory workers felt pressured to prioritize production speed over quality and said they did not receive enough training to properly perform their jobs, according to the results of a special investigation by the Federal Aviation Administration (FAA) published Wednesday. In January, a door plug blew off a 737 Max operated by Alaska Airlines shortly after takeoff. One of the more egregious examples, according to the audit, was a Boeing mechanic who used an improvised measuring device to check gaps between components. But there is still much work to be done on fixing Boeing’s safety culture, he said. “I think the safety culture change is going to be a long-term project,” Whitaker said.

Persons: Max, Mike Whitaker, ”, Whitaker, “, ” Whitaker Organizations: Washington CNN — Boeing, Federal Aviation Administration, Alaska Airlines, Boeing, Senate, Investigations, FAA, CNN, House Locations: Renton, Washington

☆ Boeing sweetens offer to union as strike enters second week
▼ + stars: | 2024-09-23 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +2 min

The new offer raised pay, reinstated annual bonuses and increased a bonus that would be given upon the contract’s ratification, among other changes, Boeing said on its website. It also doubled the ratification bonus to $6,000, reinstated an annual machinist bonus and raised the company’s 401(k) match. The labor union, the International Association of Machinists and Aerospace Workers, didn’t immediately comment on the offer. Both Boeing and the union said they were disappointed with negotiations last week. The strike came as workers voted 94.6% against the previous proposal that the union had endorsed.

Persons: didn’t, group’s, Kelly Ortberg, Ron Epstein Organizations: Boeing, International Association of Machinists, Aerospace Workers, Bank of America, CNBC Locations: Renton , Washington, Seattle

☆ Boeing sweetens labor proposal in 'best and final' offer as strike enters second week
▼ + stars: | 2024-09-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing on Monday sweetened its contract offer and said it was its "best and final" proposal for its more than 30,000 machinists as their strike, which has halted most of the aerospace giant's aircraft production, entered its second week. Boeing's new offer would raise general wages by 30% over four years, up from a previously proposed 25%. It also doubled the ratification bonus to $6,000, reinstated an annual machinist bonus and raised the company's 401(k) match. The labor union, the International Association of Machinists and Aerospace Workers, didn't immediately comment on the offer. The strike came as workers voted 94.6% against the previous proposal that the union had endorsed.

Persons: didn't, group's, Kelly Ortberg, Ron Epstein Organizations: Boeing, International Association of Machinists, Aerospace Workers, Bank of America, CNBC Locations: Renton , Washington, Seattle

☆ Boeing machinists on picket lines prepare for lengthy strike: 'I can last as long as it takes'
▼ + stars: | 2024-09-21 | by ( Leslie Josephs | ) www.cnbc.com time to read: +7 min

Matt Mills Mcknight | ReutersRENTON, Wash. — Cash-strapped Boeing is facing mounting costs from an ongoing machinist strike as workers push for higher pay. The financial cost of the strike on Boeing depends on how long it lasts, though ratings agencies have warned that the company could face a downgrade if it drags on too long. Boeing 737 Max planes sit at the airport in Renton, Washington. Boeing Machinists union members count votes to accept or reject a proposed contract between Boeing and union leaders and whether or not to strike if the contract is rejected, at the Aerospace Machinists Union Hall in Seattle, Washington, on September 12, 2024. Boeing's most recent offer included 25% general wage increases over a four-year deal and was endorsed by the machinists union, the International Association of Machinists and Aerospace Workers District 751.

Persons: Matt Mills Mcknight, Cash, Boeing machinists, Boeing hasn't, Kelly Ortberg, Leslie Josephs, Louis, Jake Meyer, Meyer, Ron Epstein, Jason Redmond, today's, Ortberg, Biden, Pete Buttigieg, CNBC's Organizations: Boeing, Reuters, CNBC, Max, state's, Financial Management, Federal Reserve Bank of St, Bank of America, Aerospace Machinists, Hall, AFP, Getty, International Association of Machinists, Aerospace Workers, Workers Locations: Renton , Washington , U.S, Reuters RENTON, Wash, Seattle, Pacific Northwest, Renton , Washington, Renton, machinists, Washington, South Carolina, Seattle , Washington, Pacific, Oregon

☆ From Ukraine to Hawaii, associates of Trump assassination attempt suspect say his ‘delusion of grandeur’ and odd behavior left them questioning his mental state
▼ + stars: | 2024-09-16 | by ( Isabelle Chapman | Casey Tolan | Curt Devine | ) edition.cnn.com time to read: +16 min

In one tweet, Routh wrote that “I would like to invite you to Hawaii for vacation. Newsweek Romania journalist Remus Cernea, one of the people listed on the website, told CNN he met Routh in Kyiv’s Maidan Square in June 2022. Tracy Fulk, a Greensboro police officer at the time, told CNN that the incident started when she pulled Routh over for a traffic stop. Audrey McAvoy/APA Hawaiian man who gave Routh’s company a bad review on Facebook told CNN he was unsettled by Routh’s response to the criticism. “We must push forward with logical leadership that supports the ones that wish to accomplish great things,” Routh wrote in one post.

Persons: Donald Trump, Ryan Wesley Routh, Joe Biden, “, Ukraine ”, Volodymyr Zelensky, Routh, hadn’t, Biden, Zelensky, Ryan Routh's, Trump, Routh’s, –, ”, Tulsi Gabbard, Beto O’Rourke, Tom Steyer, Elizabeth Warren, Andrew Yang, Joe, hillary, ” Routh, Kim Jong Un, ” Zelensky, Routh’s fiancée, Kathleen Shaffer, Shaffer, Efrem, Semafor, Oleksandr Shaguri, ” Michael Wasiura, ” Wasiura, ” Evelyn Aschenbrenner, Aschenbrenner, ” Aschenbrenner, Ryan O’Leary, ” O’Leary, Remus Cernea, Cernea, it’s, ” Cernea, barricading, Tracy Fulk, Fulk, ” Fulk, didn’t, ” Ryan Routh's, Audrey McAvoy, Saili Levi, Levi, you’re, ” Levi, Ryan Routh ”, Nelli Black, Benjamin Brown, Scott Glover, Lex Harvey, Winter, Rob Kuznia, Kyung Lah, Daniel Medina, Gianluca Mezzofiore, Rob Picheta, Puy Kamp, Sabrina Shulman, Teele Rebane, Adam Renton, Jessie Yeung Organizations: CNN, Twitter, Trump, Martin County Sheriff’s, Martin County Sheriff's, Facebook, Service, Republican, X, Machine, Commission, Democratic, North, “ WE, New York Times, Ukraine’s Land Forces Command, Legion, country’s International, Army National Guard, Global Citizen, Taiwan, Taiwan Foreign Legion, Newsweek Romania, Greensboro, Sheriff’s Office, Guilford County North Carolina Sheriff’s, Honolulu Star, Star, Advertiser, Honolulu, roosters Locations: Ukraine, Hawaii, Afghanistan, Ukrainian, Honolulu, Oahu, Florida, Martin County, Russia, Zelensky, American, Kyiv’s, Kyiv, Taiwan, North Korea, China, Kyiv’s Maidan, North Carolina, Greensboro, Guilford, Guilford County North Carolina, Kaʻaʻawa, Oahu Island, Oran, Majlie

☆ The strike could cost Boeing more than $1 billion. But that could be the least of its problems
▼ + stars: | 2024-09-16 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

How long the strike lasts will determine how serious the problems are for Boeing. Boeing has a long way back to profitability, no matter how long the strike lasts. So as bad as the strike might be for Boeing, it has plenty of other problems to deal with. So even with financial problems that might kill another company, Boeing isn’t going anywhere. The strike could last a whileNegotiations between Boeing, the union and federal mediators are expected to resume early this week.

Persons: Brian West, Boeing’s, Fitch, Moody’s, Poor’s, Richard Aboulafia, ” Aboulafia, ” Jim Bloomer, Max, “, you’ve, ” Organizations: New, New York CNN, Boeing, Federal Aviation Administration, Airbus, CNN Locations: New York, Washington, Renton , Washington

☆ What this Boeing strike is really all about
▼ + stars: | 2024-09-14 | by ( Allison Morrow | Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —At the heart of the Boeing strike that began Friday is a story about what happens when penny-pinching executives lose the plot and it falls to workers to get everyone back on track. If Boeing were any other business — and not a too-big-fail half of a global duopoly — it almost certainly would have declared bankruptcy. Years of pent-up resentment over Boeing’s mismanagement, combined with pandemic-era inflation and a resurgent labor movement, made this strike inevitable. Ahead of the strike, Ortberg urged workers not to strike while acknowledging their anger over nearly two decades of past contracts that downsized their retirement and health care benefits. Almost exactly one year ago, the United Auto Workers union won historic guarantees from the Big Three automakers after a seven-week strike.

Persons: —, ”, Richard Aboulafia, James McNerney, Aboulafia, Kelly Ortberg, missteps, Ortberg, Jon Holden, “, — who’ve, Dave Calhoun’s, Holden, haven’t, ” Holden, Sharon Block Organizations: New, New York CNN, Boeing, SpaceX, International Association of Machinists, United Auto Workers, Big, UAW, hardball, Harvard Law School’s Center for Labor Locations: New York, January’s, Renton , Washington, Seattle, Virginia, South Carolina, Washington, United States

☆ Here's what the Boeing strike might mean for flyers
▼ + stars: | 2024-09-13 | by ( Rob Wile | ) www.cnbc.com time to read: +3 min

Boeing workers went on strike Friday, the latest disturbance in what has proven a devastating year for the American aircraft manufacturer. Southwest had sharply brought down its delivery target for Boeing aircraft earlier this year. A United spokesperson said the carrier was working with Boeing to understand what the impact to the airline's delivery schedule might be. "There will probably be very little direct impact on consumers as a result of the Boeing strike," Harteveldt told NBC News. The previous Boeing machinists strike, in 2008, lasted nearly two months; however, in a note to clients, Bank of America analyst Ronald Epstein said the latest one could prove as short as a week.

Persons: Jon Holden, Henry Harteveldt, Harteveldt, Ronald Epstein, Boeing's Organizations: Aerospace Machinists, Boeing, Alaska Airlines, Southwest Airlines, International Association of Machinists, Aerospace Workers, Southwest, United, Atmosphere Research, NBC, Bank of America, FAA, Dow Locations: Seattle , Washington, U.S, Southwest, United, Renton , Washington

☆ Boeing workers overwhelmingly reject contract, prepare to strike
▼ + stars: | 2024-09-13 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing Co. workers and supporters hold signs outside the Aerospace Machinists Union District 751 Hall ahead of a vote on the union contract in Renton, Washington, US, on Thursday, Sept. 12, 2024. More than 30,000 Boeing workers were set to strike Friday, halting production of most of the company's aircraft after staff overwhelmingly rejected a new labor contract. Workers in the Seattle area and in Oregon voted 94.6% against a tentative agreement that Boeing and the International Association of Machinists and Aerospace Workers unveiled Sunday. They voted 96% to strike, far more than the two-thirds vote required for a work stoppage. He characterized it as an "unfair labor practice strike," alleging that factory workers had experienced "discriminatory conduct, coercive questioning, unlawful surveillance and we had unlawful promise of benefits."

Persons: Jon Holden, Boeing didn't Organizations: Boeing Co, Aerospace Machinists, Boeing, Workers, International Association of Machinists, Aerospace Workers Locations: Renton , Washington, US, Seattle, Oregon

☆ Over 30,000 Boeing workers are preparing to strike after rejecting a new labor contract
▼ + stars: | 2024-09-13 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewOver 30,000 Boeing workers, or about 20% of the company's employees, are preparing to strike on Friday after rejecting a new labor contract. Workers in Washington and Oregon voted against an agreement that Boeing and the labor union for machinists and aerospace workers proposed on Sunday. The vote was the first full contract vote in 16 years. The tentative labor contract, which included a pay increase over four years, was touted as another win for the beleaguered company. The proposal left workers unsatisfied, Jon Holden, president of the IAM's district 751 and lead negotiator on the Boeing contract, told Reuters on Monday.

Persons: —, Max, Kelly Ortberg, Ortberg, TD Cowen, Jon Holden, Holden Organizations: Service, Workers, Boeing, Business, International Association of Machinists, Aerospace Workers, IAM, Reuters Locations: Washington, Oregon, Boeing's, North America, Pacific Northwest, California, Renton , Washington, Seattle, IAM's

☆ Boeing faces strike threat as workers vote on new contract
▼ + stars: | 2024-09-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing workers are voting on a new labor contract on Thursday, setting up the potential for a crippling strike if staff members decide to reject the deal just as the plane maker is trying to ramp up its production. "I know the reaction to our tentative agreement with the IAM has been passionate," he wrote in his staff note. The union, which represents about 33,000 Boeing factory workers in the Seattle area and in Oregon had sought some 40% pay raises from Boeing. But the 25% increase would be in line with the United Auto Workers' deal last year that followed strikes at Ford , General Motors and Chrysler parent Stellantis. If approved, the Boeing deal would follow a series of union-negotiated pay increases across industries ranging from Hollywood to airlines.

Persons: Kelly Ortberg, Jon Holden Organizations: Boeing, International Association of Machinists, Aerospace Workers, IAM, United Auto Workers, Ford, General Motors, Chrysler Locations: Seattle, Renton , Washington, Everett , Washington, Ortberg, Oregon, Hollywood

☆ Warren Buffett's company is so big it's like a mini US economy. Here's what it signals about the state of consumers.
▼ + stars: | 2024-08-13 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Read previewThe latest figures from Warren Buffett's Berkshire Hathaway suggest consumers are faring better than they were just a year or two ago. Thomson ReutersHomeServicesReal estate brokerage revenues were almost flat and after-tax earnings rose 21%. New home unit sales rose 11% after dropping 20%, but pre-tax earnings fell 10%, similar to their 12% decline last year. But pre-tax earnings jumped 10% due to higher margins and lower operating expenses that offset the lower sales. AdvertisementRetailThe odd one out was the retailing subdivision, where revenues fell 4.5% and pre-tax earnings fell 23%.

Persons: —, Warren Buffett's Berkshire Hathaway, Here's, Thomson, Warren Buffett, Clayton, Rick Wilking, Berkshire, They've, There's Organizations: Service, Business, Thomson Reuters, Clayton Homes, Reuters McLane, Berkhire Hathaway Locations: Warren Buffett's, Berkshire, Renton , Washington, Omaha , Nebraska

☆ Boeing's new CEO is already showing that improving quality control is his top priority
▼ + stars: | 2024-08-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Kelly Ortberg visited two key production facilities in his first few days in charge. Ortberg also plans to be based near Seattle, Boeing's historic base and its manufacturing hub. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBoeing's new CEO is endeavoring to turn the company around, beginning by building a closer relationship with factory workers.

Persons: Kelly Ortberg, Ortberg, —, Max, AeroSystems Organizations: Service, Boeing, Business Locations: Seattle, Renton , Washington, Wichita , Kansas

☆ Boeing's new outsider CEO Ortberg takes the helm, this time from the factory floor
▼ + stars: | 2024-08-08 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +8 min

Aerospace veteran Robert “Kelly” Ortberg becomes Boeing’s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. Boeing's new CEO, Robert "Kelly" Ortberg. Ortberg’s Day 1 activity is walking the floor of Boeing’s factory in Renton, Washington, where it builds its bestselling but problematic 737 Max. The airline’s CEO hinted at the big feat Ortberg has ahead of him. “We look forward to working with Kelly Ortberg in his efforts to return Boeing to its place as the leading American aerospace company,” CEO Bob Jordan said in a written statement.

Persons: Robert “ Kelly ” Ortberg, Robert " Kelly, Ortberg, ”, Rockwell Collins, Richard Aboulafia, ” Ortberg, Boeing’s, Butch Wilmore, Suni Williams, Ron Epstein, “, isn’t, ” Jon Holden, Dave Calhoun, Calhoun, Dennis Muilenburg, Max, Chicago —, Kelly Ortberg, Bob Jordan, —, Michael Sheetz Organizations: Boeing, AFP, Getty, Ortberg’s, National Transportation, Air Force One, NASA, SpaceX, International Space, Airbus, Bank of America, International Association of Machinists, Aerospace Workers, Arlington , Virginia —, ”, Southwest Airlines Locations: U.S, Renton , Washington, Portland , Oregon, “, Washington state, Oregon, Arlington , Virginia, Chicago, Seattle, American

☆ Boeing’s new CEO is already making an overdue change his first day on the job
▼ + stars: | 2024-08-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

New York CNN —Today is Kelly Ortberg’s first day as CEO of Boeing. The new CEO said in a memo to staff Thursday that he decided to work 2,300 miles from the company’s current corporate offices in Arlington, Virginia, to help restore trust in the company’s commercial aircraft business. A Boeing 737 MAX aircraft is shown on the assembly line at the Boeing facility in Renton, Washington. The company said it had no comment whether it is considering moving its entire headquarters back to Seattle along with Ortberg. Boeing executives admitted there they still don’t know how the plane in the door plug blowout left Boeing’s Renton, Washington factory without the four bolts needed to keep the door plug in place.

Persons: Kelly Ortberg’s, He’s, –, Ortberg, ” Ortberg, “, he’d, Jennifer Buchanan, Richard Aboulafia, ”, he’s, Max, Jennifer Homendy Organizations: New, New York CNN, Boeing, Puget Sound, Seattle Times, AP, Max, Alaska Airlines, ” Boeing, Federal Aviation Administration, National Transportation Safety Board, Alaska Locations: New York, Seattle, Chicago, Arlington , Virginia, Renton , Washington, Boeing’s Renton , Washington

Members of the main U.S. transportation regulator grilled Boeing executives Wednesday over the company’s workplace safety culture and allegations of retaliation linked to two employees who were sidelined over a January mishap involving a Boeing 737 Max 9 in which a door plug detached mid-flight. A preliminary report found that four bolts intended to secure the door plug had been missing when the accident occurred. The workers were placed in a different building where Boeing builds wings, which the NTSB said in a report workers refer to as “Boeing prison,” Homendy said at Tuesday’s hearing. Boeing is working on plug sensor changes that will not allow the door plug to fully close if there are any issues until it is firmly secured. Boeing committed under oath to work with the NTSB without interference on a safety culture survey of Boeing employees.

Persons: Jennifer Homendy, Hector Silva, ” Homendy, ‘, ” Silva, “, Silva, Sabrina Woods, “ Bolts, ” Woods, Boeing execs, Homendy, you’re, Elizabeth Lund, Boeing’s, Lund, Kelly Ortberg Organizations: Boeing, National Transportation Safety Board, ‘ Boeing, Alaska Airlines Locations: U.S, Portland , Oregon, Ontario , California, Boeing’s Renton , Washington

☆ Boeing insists it’s fixing itself. A lot of the folks talking to investigators don’t agree
▼ + stars: | 2024-08-07 | by ( Chris Isidore | Pete Muntean | ) edition.cnn.com time to read: +11 min

The door plug was removed at the Boeing factory in Renton, Washington, last September so that problems with some rivets could be repaired. But the necessary paperwork for that temporary door plug removal was apparently never created. But under questioning from the NTSB Lund admitted that it’s not clear who and when that door plug was put in place. “Are you 100% sure there will never be an unauthorized removal (of a door plug)?” Homendy asked. Asked if he could promise there will not be another door plug improperly installed, Silva answer, “I cannot make a promise or guarantee of that.

Persons: Max, –, Elizabeth Lund, Lund, it’s, Jennifer Homendy, Homendy, “, ” Homendy, ”, Hector Silva, ” Silva, Silva, J, Todd Inman, AeroSystems, Manuel Balce Ceneta, James Phoenix, ” Phoenix, ” Lund, Boeing’s, CNN’s Owen Dahlkamp, Danya Gainor, Celina Tebor, Nicki Brown, Ramishah Maruf, Samantha Delouya Organizations: Washington CNN —, Boeing, National Transportation Safety Board, Alaska Airlines, NTSB, Alaska Air, Boeing Commercial Airplanes, CNN, Federal Aviation, FAA, Federal Aviation Administration, Boeing . Workers, Toyota Locations: Renton , Washington, Alaska, Washington

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