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☆ Boeing's negotiations with union leaders break down 2 days after restarting
▼ + stars: | 2024-10-09 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

Boeing and union leaders resumed negotiations on Monday but reached a stalemate by the end of Tuesday. AdvertisementTalks between Boeing and union leaders have broken down two days after restarting. The first offer of a 25% pay rise was overwhelmingly rejected, while the union criticized Boeing for sending its second offer to the media and not negotiating with union leaders. "The company was hell-bent on standing on the non-negotiated offer," the union negotiating committee for IAM District 751 said on Tuesday. The IAM District 751 negotiating committee also said it "remains ready to continue mediated or direct talks."

Persons: —, Stephanie Pope, Pope, Ron Epstein, Jon Ostrower, Kelly Ortberg Organizations: Boeing, Bank of America, Service, International Association of Machinists, Aerospace Workers, IAM, The, Alaska Airlines Locations: Seattle, Pacific

☆ The cost of Boeing's strike keeps rising as talks continue
▼ + stars: | 2024-10-07 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Boeing is set to resume negotiations with union bosses on Monday. Thousands of members of the IAM union have been on strike since September 13. A group of Bank of America analysts, led by Ron Epstein, estimated that the strike was costing Boeing $50 million a day. Some 33,000 Boeing workers represented by the International Association of Machinists and Aerospace Workers have been on strike since September 13. Nearly 95% of union members voted against Boeing's initial offer of a 25% pay rise across the four-year contract.

Persons: —, Ron Epstein, Kelly Ortberg, Boeing's Organizations: Boeing, Analysts, IAM, Service, Bank of America, International Association of Machinists, Aerospace Workers, Reuters, Business Insider

☆ Another unforced error by Boeing is souring the new boss’ good vibes
▼ + stars: | 2024-09-25 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

Less than two months into his tenure as CEO, Ortberg has largely understood the assignment. See here: We’re nearly two weeks into a strike by Boeing’s largest labor union. Initially, Ortberg seemed to have buy-in from labor leaders, who publicly acknowledged that the new boss was walking into a conflict that predated him by 16 years. All of that gave the new boss, who spent his first day at work touring a factory floor, a kind of pro-labor halo. “This tactic is a blatant show of disrespect” to union members and the bargaining process, the International Association of Machinists wrote Monday.

Persons: CNN Business ’, Kelly Ortberg, Ortberg, ’, ”, International Association of Machinists, “, “ We’ve, Wheaton, ” Wheaton, ’ …, ” It’s, it’s, ” Ortberg, It’s, Richard Aboulafia, ” Aboulafia, what’s, …, CNN’s Chris Isidore Organizations: CNN Business, New York CNN, Boeing, machinists, International Association of, Cornell University’s School of Industrial and Labor Relations Locations: New York, what’s

☆ 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

☆ The executive in charge of the division that has 2 astronauts stuck in space is leaving Boeing
▼ + stars: | 2024-09-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Ted Colbert, head of Boeing's defense, space, and security division, is leaving the company, per CNBC. Boeing CEO Kelly Ortberg announced Colbert's departure in a staff memo on Friday, CNBC reported. His departure comes amid production problems, budget overruns, and astronauts getting stuck in space. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementTed Colbert, the head of Boeing's defense, space, and security division is leaving the company after 15 years, CEO Kelly Ortberg told staff in a memo on Friday, according to CNBC.

Persons: Ted Colbert, Kelly Ortberg, —, Ortberg —, Colbert, Steve Parker Organizations: CNBC, Boeing, Service, Business

☆ 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

☆ Boeing's defense unit chief Colbert is departing, CEO says
▼ + stars: | 2024-09-20 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Former CEO for Boeing's defense, space and security subdivision Ted Colbert speaks during a press conference in Dubai on Nov. 16, 2019. The head of Boeing 's defense unit Ted Colbert is leaving the company effective immediately, said CEO Kelly Ortberg, marking his first major executive change since he took the top job in early August. Ortberg thanked Colbert for his 15 years of service at Boeing and said the unit's Chief Operating Officer Steve Parker would take over until the company names Colbert's replacement. Boeing's defense, space and security unit generated nearly 40% of Boeing's revenue in the first half of this year, but it has struggled with production problems and cost overruns, including on the new 747s that will serve as Air Force One aircraft. In the space sector, Boeing's Starliner is returning without the NASA astronauts who took it to the International Space Station in June.

Persons: Ted Colbert, Kelly Ortberg, Ortberg, Colbert, Steve Parker, Starliner Organizations: Boeing, Air Force One, NASA, International Space Station Locations: Dubai

☆ Boeing’s head of defense unit Ted Colbert to leave
▼ + stars: | 2024-09-20 | by ( Reuters | Cnn'S Chris Isidore | ) edition.cnn.com time to read: +2 min

Reuters —Boeing said on Friday that Ted Colbert, president and CEO of its defense, space and security unit will be leaving the company effective immediately. “I’d like to share that Ted Colbert, president and CEO of Boeing Defense, Space & Security (BDS), will be leaving Boeing, and that l’ve asked Steve Parker to temporarily oversee BDS, effective immediately, until a replacement for Ted is named at a later date,” Kelly Ortberg, Boeing’s president and CEO, said Friday in a statement. In the most recent quarter, Boeing’s Defense, Space & Security unit lost $913 million, up from the $527 million loss in the same period a year ago, after a narrow profit in the first quarter. But both the second quarter loss and the 2023 full-year loss were more than the company’s troubled commercial aircraft unit lost in the same periods. Boeing’s shares closed down about 1% on Friday and have lost about 41% so far this year.

Persons: Ted Colbert, Steve Parker, “, l’ve, Ted, ” Kelly Ortberg, ”, Utkarsh, Shounak Dasgupta Organizations: Reuters, Boeing, Boeing Defense, Space & Security, BDS, Boeing Company, Boeing’s Defense, & $ Locations: Bengaluru

☆ The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing
▼ + stars: | 2024-09-19 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +4 min

New York CNN —The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day today, has already cost the company and workers $572 million, according to an estimate from Anderson Economic Group. “The first week of losses for Boeing are substantial, but they’ll pale in comparison to what comes in the following weeks,” Anderson told CNN. The strike at Boeing (BA), on the other hand, has yet to have a measurable economic impact on airlines so far, Anderson said. The losses for workers, primarily the 33,000 union members who have gone on strike, as well as for suppliers come to about $117 million in the first week. The strike will also cost about $10 million in local losses, including at businesses near the plants, according to Anderson.

Persons: Patrick Anderson, “, ” Anderson, Anderson, Kelly Ortberg, Boeing’s, Max Organizations: New, New York CNN, Boeing, International Association of Machinists, Anderson Economic, CNN, General Motors, Max, Federal Aviation Administration, FAA, Airbus Locations: New York, Michigan, South Carolina

☆ Boeing says it's going to start furloughing 'a large number' of its white-collar employees amid strike
▼ + stars: | 2024-09-19 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

On Wednesday, Boeing announced it will be temporarily furloughing a "large number" of white-collar employees. The news comes after around 30,000 Boeing workers began a strike on Friday after rejecting a new pay contract. "We are initiating temporary furloughs over the coming days that will impact a large number of US-based executives, managers, and employees," Kelly Ortberg, the CEO of Boeing, wrote in an email to employees. In a union vote on September 12, workers voted against an agreement that Boeing and the labor union for machinists and aerospace workers had proposed. Read the full memo Ortberg sent to employees:Team,As you know, the IAM 751 and W24 went on strike last Friday.

Persons: Kelly Ortberg, Ortberg, It's, furloughs, Kelly Organizations: Service, Wednesday, Boeing, Employees, Business Insider, IAM Locations: Boeing's, Pacific Northwest

☆ Boeing starts furloughing tens of thousands of employees amid machinist strike
▼ + stars: | 2024-09-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO Kelly Ortberg told employees on Wednesday. The furloughs will affect tens of thousands of Boeing employees, a company spokesperson said. Boeing had offered a 25% raise and the union endorsed the tentative contract. Boeing's CFO Brian West earlier this week said the company would freeze hiring and raises to cut costs, and would let "non-essential contractors" go temporarily.

Persons: Kelly Ortberg, Ortberg, Brian West, West Organizations: Boeing Co, Boeing, CNBC Locations: Everett , Washington, US, Seattle, Oregon, South Carolina

☆ Boeing is reducing executive pay and furloughing nonunion workers during the strike
▼ + stars: | 2024-09-18 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Boeing is temporarily furloughing executives and other nonunion workers to save cash during the strike by 33,000 members of the International Association of Machinists, CEO Kelly Ortberg told employees in an email Wednesday. The strike started early Friday morning. “We will not mince words - after a full day of mediation, we are frustrated,” the union said in a note to members. The company doesn’t seem to be taking mediation seriously.”A Boeing spokesman did not comment on details of the discussions. “We will continue to transparently communicate as this dynamic situation evolves and do all we can to limit this hardship.”

Persons: Kelly Ortberg, ”, Ortberg, “, ” Ortberg Organizations: New, New York CNN, Boeing, International Association of Machinists Locations: New York, South Carolina

☆ Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike
▼ + stars: | 2024-09-16 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +2 min

Boeing announced sweeping cost cuts on Monday, including a hiring freeze, a pause on nonessential staff travel and a reduction on supplier spending to preserve cash as it deals with a strike of more than 30,000 factory workers. Boeing factory workers, mostly in the Seattle area, started walking off the job early Friday after overwhelmingly rejecting a tentative labor deal, halting most of Boeing’s aircraft production. It was the first clear sign of how the strike will affect the hundreds of suppliers that rely on Boeing work. The financial impact of the strike will depend on how long it lasts, but Boeing is focused on conserving cash, West said at a Morgan Stanley conference Friday. On Friday, Moody’s put all of Boeing’s credit ratings on review for a downgrade and Fitch Ratings said a prolonged strike could put Boeing at risk of a downgrade.

Persons: Brian West, ” West, West, Morgan Stanley, Kelly Ortberg, Moody’s Organizations: Boeing, Morgan, Fitch Locations: Seattle

☆ 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

☆ Boeing strike 2024: IAM union members set to strike early Friday after vote against proposed deal
▼ + stars: | 2024-09-13 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

New York CNN —Union members at Boeing overwhelmingly rejected a proposed a four-year contract with the troubled aircraft manufacturer, authorizing the first strike at the company in 16 years, said the International Association of Machinist (IAM) union. It also increased job security for union members, because Boeing promised to build its next commercial jet, which has yet to be announced, at a unionized plant. But 95% of members of the IAM union voted against the deal. In a separate vote 96% voted to authorize a strike, easily clearing the two-thirds threshold needed to approve a walkout. Boeing has nearly 150,000 US employees, including the 33,000 IAM union members.

Persons: ”, Jon Holden, Kelly Ortberg, “, Max, Holden, we’ve Organizations: New, New York CNN — Union, Boeing, International Association of, IAM, Alaska Airlines, Federal Aviation Administration, US Justice Department Locations: New York, Alaska

☆ Boeing workers are set to strike — and it could cost the company billions
▼ + stars: | 2024-09-13 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

The walkout depressed revenues in the period by $4.3 billion, Boeing said at the time. Another strike of that length would cost Boeing at least $3 billion, according to a TD Cowen research note cited by The New York Times. The rejected deal would have cost Boeing an extra $900 million a year if passed, they noted. A Boeing strike in 1989 cost the company $2.5 billion in lost revenue, and the next one in 2005 cost it about $1 billion, the American Action Forum noted in a paper this week. "This may be because Boeing generally delays orders rather than losing them, so their revenue is time-shifted rather than diminished."

Persons: —, Cowen, Kelly Ortberg, they're Organizations: Service, Boeing, International Association of Machinists, Aerospace Workers, IAM, Business, The New York Times, Jefferies, CNBC, American Action, AAF

☆ 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 warns strike will 'jeopardize' recovery, hurt aircraft production
▼ + stars: | 2024-09-13 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Union members hold picket signs during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Washington, US, on Thursday, Sept. 12, 2024. Boeing CFO Brian West said a labor strike that began Friday will hurt aircraft deliveries and "jeopardize" the company's recovery, hours after factory workers overwhelmingly rejected a new labor contract and walked off the job. West said the financial impact of the strike will depend on how long it lasts, but that it will affect the company's production of its bestselling planes. Jefferies aerospace analyst Sheila Kahyaoglu had previously estimated that a 30-day strike could be a $1.5 billion hit for Boeing. But workers had been looking for raises of 40% and argued that it didn't cover the increased cost of living.

Persons: Brian West, West, Sheila Kahyaoglu, Kelly Ortberg Organizations: IAM, Hall, Boeing, Max, Jefferies, International Association of Machinists, Aerospace Workers Locations: Seattle , Washington, US

☆ 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

☆ Boeing faces strike threat as union members vote on tentative labor deal today
▼ + stars: | 2024-09-12 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +7 min

Among other benefits increases, the contract would increase union members’ pay by last least 25% over four years. Union members have launched a series of protests this week outside of Boeing plants and may ultimately reject the new contract union leaders negotiated with Boeing management. The deal will be officially approved if more than 50% of the members vote in favor of the tentative agreement. That would prevent a strike, no matter how many workers vote to strike. If just more than a third of members vote against a strike, then the contract takes effect, no matter the results of the ratification vote.

Persons: we’ve, Kelly Ortberg, Jon Holden, ” Holden, Ortberg, “, ”, Holden Organizations: New, New York CNN —, Boeing, Union, Alaska Airlines, International Association of Machinists, IAM, The Seattle Times, CNN Locations: New York, Oregon, Seattle, What’s, Washington

☆ Boeing and union reach a labor deal, potentially averting a strike
▼ + stars: | 2024-09-08 | by ( ) www.nbcnews.com time to read: +1 min

Boeing and the union that represents some 33,000 of its workers have struck a new labor deal, just days before a costly strike could have begun at the plane maker’s main factories. It also secures a commitment from Boeing to build its next airplane in the Pacific Northwest, the union said. It is IAM members who will bring this company back on track,” the union said in a statement on Sunday. This proposal helps keep our legacy alive.”A vote is scheduled for Sept. 12, the union said. The current agreement was set to expire after Thursday and a strike could have started immediately if no deal was reached.

Persons: Kelly Ortberg, ”, Stephanie Pope Organizations: Boeing, International Association of Machinists, Aerospace Workers, Workers, IAM Locations: Seattle, Oregon, Pacific Northwest

☆ Boeing reaches deal with union to avoid strike
▼ + stars: | 2024-09-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —Boeing and the Machinists union, which represents 33,000 of its employees on the West Coast, have reached a tentative deal that could avoid a strike that had been set to start this Friday. Before it will take effect, the deal would need the approval of the rank-and-file union members who build commercial jets. But leadership of the union praised the tentative deal and said it achieved the union’s goals. The deal represents Boeing’s biggest pay raise for union members. The deal also includes increased job security for union members with a promise to build the next new airplane at one of the union-represented plants in the Puget Sound region.

Persons: “, “ We’ve, ” Stephanie Pope, Max, ” Jon Holden, Brandon Bryant, Dave Calhoun, ” Calhoun, “ We’re, we’re, ”, Kelly Ortberg Organizations: New, New York CNN, Boeing, International Association of Machinists, Aerospace Workers, Boeing’s, Puget, Boeing Boeing, Alaska Airlines, UPS, General Motors, Ford, Union, ” Company Locations: New York, West Coast, South Carolina, Seattle, Portland , Oregon

☆ NASA picks SpaceX to bring home the American astronauts stuck in space. It's the latest blow to Boeing.
▼ + stars: | 2024-08-24 | by ( Lauren Edmonds | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

AdvertisementBoeing's Starliner spacecraft during NASA's Boeing Crew Flight Test in June. A test flight, by nature, is neither safe nor routine. So, the decision to keep Butch and Suni aboard the International Space Station, and bring the Boeing Starliner home un-crewed, is a result of a commitment to safety." Both Boeing and SpaceX have spent a decade working with NASA on their Starliner and Crew Dragon vehicles, respectively. AdvertisementAfter years of delays, technical issues, and rising costs, this Crew Flight Test was the last hurdle Boeing had to clear for NASA to certify Starliner for human spaceflight.

Persons: —, Bill Nelson, Suni Williams, Butch Wilmore, Williams, Wilmore, Nelson, Kelly Ortberg, Wiliams, Starliner —, Joe Raedle, Russ DeLoach, Butch, Suni, Elon, CHANDAN KHANNA, SpaceX would've, Elon Musk Organizations: Service, NASA, Johnson Space Center, Business, Boeing, SpaceX, NASA's Boeing, Space Shuttle Columbia, Ars Technica, Challenger, Columbia, NASA's, Safety, Mission Assurance, Soyuz, ISS Locations: Houston, Boca Chica , Texas

☆ United CEO expresses 'renewed confidence' in Boeing after meeting with new leader Ortberg
▼ + stars: | 2024-08-15 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

United Airlines CEO Scott Kirby celebrates the opening of a new addition to its Flight Training Center in Denver, Colorado, on Feb. 22, 2024. United Airlines CEO Scott Kirby says he is optimistic about Boeing 's recovery after meeting with the manufacturer's new chief executive. Kirby and Boeing's new CEO, Robert "Kelly" Ortberg, had lunch earlier this week in the Dallas area. United has 484 unfilled orders with Boeing, according to the manufacturer's website. Ortberg also met with American Airlines CEO Robert Isom earlier this week, according to a person familiar with the matter who wasn't authorized to speak with the media.

Persons: Scott Kirby, It's, Robert " Kelly, Ortberg, Kirby, Robert Isom Organizations: United, Flight Training, United Airlines, Boeing, Kirby, American Airlines Locations: Denver , Colorado, Dallas

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