EVERETT, Wash. (AP) — Wednesday is shaping up as one of the most significant days in a volatile year for Boeing, which is expected to report a huge third-quarter loss, introduce its new CEO on his first earnings call, and learn if machinists will end a strike that has crippled the company’s aircraft production for more than a month.
The strike is an early test for Kelly Ortberg, a Boeing outsider who became CEO in August.
Ortberg has already announced large-scale layoffs and a plan to raise enough cash to avoid a bankruptcy filing. He needs to convince federal regulators that Boeing is fixing its safety culture and is ready to
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