Are Boeingβs problems beyond fixable?
26 October 2024 at 14:15
As Boeingβs latest chief executive, Kelly Ortbergβs job was never going to be easy. On Wednesday, it got harder still.
That morning, Ortberg had faced investors for the first time, telling them that ending a debilitating strike by Boeingβs largest union was the first step to stabilizing the plane makerβs business.
But as the day wore on, it became clear that nearly two-thirds of the union members who voted on the companyβs latest contract offer had rejected it. The six-week strike goes on, costing Boeing an estimated $50 million a day, pushing back the day it can resume production of most aircraft and further stressing its supply chain.