• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader

by August 16, 2024
written by August 16, 2024

United Airlines CEO Scott Kirby says he is optimistic about Boeing’s recovery after meeting with the manufacturer’s new chief executive.

It’s an upbeat change of tune from the head of United, a top Boeing customer that has been among the most publicly frustrated about the plane maker’s problems, which have led to delayed deliveries of dozens of aircraft.

Kirby and Boeing’s new CEO, Robert “Kelly” Ortberg, had lunch earlier this week in the Dallas area. Kirby said in a LinkedIn post on Thursday that he “was not only encouraged by what I heard, but I also came away with a renewed confidence that Boeing is on the right path and will recover faster than most expect.”

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.

Read more CNBC airline news

Delta says chaos after CrowdStrike outage cost it $380 million in revenue

Boeing’s new outsider CEO takes the helm from the factory floor

NTSB 737 Max hearing puts Boeing’s troubled factories in the spotlight

Ortberg, who previously ran commercial and defense supplier Rockwell Collins and has more than three decades of experience in the aerospace industry, took the reins at Boeing a week ago, spending part of his first day at Boeing’s 737 factory floor in Renton, Washington. Ortberg will be based in Seattle, a shift from previous leaders.

“His engineering background at Rockwell Collins, combined with an instinct to be close to his frontline teams in Seattle, makes for a winning combination,” Kirby wrote on Thursday. “It was clear from our discussion that he’s 100% engaged, understands the cultural changes needed to turn things around and is committed to listening to his employees and customers.”

United and other major customers such as Southwest Airlines have been grappling with delayed jetliners as Boeing tries to recover from its latest safety crisis in the wake of a door plug blowout on an Alaska Airlines 737 Max 9 earlier this year.

No one was seriously injured in the accident — which occurred after bolts that hold the door plug in place weren’t installed before the airline received the plane — but it came after a host of other manufacturing defects on Boeing planes.

“In speaking with our customers and industry partners leading up to today, I can tell you that without exception, everyone wants us to succeed,” Ortberg said in a note to staff on his first day last Thursday. “In many cases, they NEED us to succeed.”

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump assassination attempt: Secret Service makes big change to former president’s outdoor rally security
next post
Oil and natural gas: oil loses pace and falls again

related articles

Mortgage rates see biggest one-day drop in over...

September 5, 2025

Paramount mandates 5-day-a-week return to office ahead of...

September 5, 2025

Apple has survived Trump’s tariffs so far. It...

September 4, 2025

Trump family’s American Bitcoin makes stock market debut

September 4, 2025

Disney to pay $10 million to settle FTC...

September 4, 2025

Crash victims’ families prepare to make what could...

September 3, 2025

Amazon cracks down on Prime free shipping sharing

September 3, 2025

U.S. judge orders Google to share search data...

September 3, 2025

Kraft Heinz to split into two companies

September 2, 2025

Rhode Island’s ‘Taylor Swift Tax’ on vacation homes...

September 2, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Sen. Josh Hawley ‘delighted’ to back Sen. John Cornyn for Senate Majority Leader

    November 9, 2024
  • Tulsi Gabbard sworn in at White House hours after Senate confirmation

    February 12, 2025
  • Trump says deal with Ukraine for US access to its rare earth minerals is ‘pretty close’

    February 22, 2025
  • President Trump urged to confront Iranian regime over repression of Christians

    February 16, 2025
  • ‘Fully justified’: Graham plows ahead with Trump border funding despite Paul’s objections

    June 12, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,925)
  • Investing (634)
  • Stock (922)

Latest Posts

  • Chinese nationals banned from US student visas under new House GOP proposal

    March 12, 2025
  • Long ESTC:  Elastic’s Robust Earnings and AI Initiatives Propel Bullish Stock Momentum

    March 3, 2025
  • Hegseth vows crackdown on military obesity after shocking Reserve, Guard report

    April 28, 2025

Recent Posts

  • ‘Blatantly unconstitutional’: US judge temporarily blocks Trump’s ban on birthright citizenship

    January 23, 2025
  • German conservative’s bid for chancellor falls short, a first in more than 75 years

    May 6, 2025
  • EURUSD and GBPUSD: The Euro managed to start a recovery

    September 2, 2024

Editor’s Pick

  • Lindsey Graham demands ICC reveal details of probe into prosecutor Khan’s misconduct allegations

    October 23, 2024
  • McDonald’s Snack Wrap is officially returning. Here’s when.

    June 4, 2025
  • Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

    August 9, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock