Today’s news about Boeing centers on a fiery speech to employees by CEO Kelly Ortberg, in which he challenged the staff to become a part of the turnaround. Several interesting quotes have been reported from the meeting, including that “Boeing…
As an outsider looking at Boeing, I find it quite clear that trust is the critical element that needs to be restored at Boeing. For most industry participants, it is evident that Boeing has lost their trust in recent years.…
Boeing recognized the importance of an outsider as its next CEO, and landing Kelly Ortberg, who formerly led Rockwell-Collins, fits the bill. There are several reasons that an outsider was needed: Boeing has a credibility gap with the industry that…
Today, Bombardier held its Investor Day in its manufacturing facility at Toronto’s Downsview Airport. Bombardier’s CEO Èric Martel and CFO Bert Demosky guided the remainder of 2024 and 2025, and some hints about the potential results out as far as…
The major reporting on Boeing over the weekend focused on what new management will do to turn around the company and advice on what to do as journalists and professors become management experts. Of course, every minor incident, from an…
It’s not just happy faces Down Under at Air New Zealand, but at Qantas too. The Australian carrier also returned to profitability in HY1 of FY23, reporting an underlying profit before tax of $1.428 billion versus a $-1.277 billion loss in…