American Daddy Trader
  • Politics
  • Business
  • Stock
  • Editor’s Pick
  • Politics
  • Business
  • Stock
  • Editor’s Pick

American Daddy Trader

Business

Boeing ‘disappointed’ customers but is on the path to ‘transformational change,’ CEO says

by admin July 23, 2024
July 23, 2024
Boeing ‘disappointed’ customers but is on the path to ‘transformational change,’ CEO says

LONDON — Boeing’s output of 737 Max planes is showing signs of improvement, the new head of its commercial unit said ahead of a major air show on Sunday, while admitting that the manufacturer has “disappointed” customers with delayed planes.

Boeing is trying to get past several safety and manufacturing crises, including the midair door plug blow out in January, which have slowed deliveries of planes to airlines and prompted the Federal Aviation Administration to increase its oversight of the storied manufacturer.

Stephanie Pope, in her first news conference since taking over the key role at the troubled aircraft manufacturer in March, reiterated that Boeing has committed to increasing production of the Max to 38 a month. Production slipped into the mid-20s per month in the first half of the year, analysts have said.

Pope said Boeing is on the right path to improving its manufacturing quality, safety and predictability of deliveries, a “transformational change” that she said will take years.

“It still doesn’t take away the reality that we’ve disappointed” our customers, she said at a press conference before the Farnborough Airshow, outside of London. “We’ve impacted their business and we haven’t met the commitments and lived up to being the partner that they expect and they need us to be.”

Boeing has unveiled a host of goals aimed at getting it back on the right path, like improving worker training and manufacturing processes, among others. In the spring it delivered an improvement plan to the FAA that the agency ordered after the blowout in January.

“This plan is not a three month plan,” said Pope. “I call it transformational because some of these actions will take years.”

As part of the leadership shakeup that promoted Pope to head the commercial unit, Boeing’s CEO Dave Calhoun said he would step down by year’s end.

When asked whether she was interested in the role, Pope said she is focused on the commercial unit’s recovery.

“That is my priority,” she said.

Boeing’s problems aren’t limited to its commercial program, however. Its defense unit has also been grappling with delays, including of the money-losing and delayed modification of two Boeing 747s that will serve as the next two Air Force One aircraft.

The CEO of that unit, Ted Colbert, said Boeing continues “to fight through some of the challenges that really stemmed from challenges in the supply chain.”

Boeing reports quarterly results on July 31 and is set to report charges from that unit, Colbert said at the same news conference.

This post appeared first on NBC NEWS

previous post
McDonald’s to extend $5 value meal in most U.S. markets as diners return to chain
next post
Household savings are thinning. Here’s how to put money back in your pocket.

You may also like

Employers added 206,000 jobs in June, as sturdy...

July 8, 2024

Kohl’s CEO Tom Kingsbury to step down and...

November 27, 2024

Amazon’s $4 billion investment in AI firm Anthropic...

August 9, 2024

Airbus could prioritize deliveries to non-U.S. customers if...

February 21, 2025

LongHorn up, Olive Garden down: Darden earnings hint...

June 24, 2024

The FAFSA form error that would have limited...

January 25, 2024

TGI Fridays operator files for Chapter 11 bankruptcy...

November 5, 2024

Biden administration delays enforcing order blocking Nippon Steel-U.S. Steel deal

January 14, 2025

Inflation pressure lingering from pandemic is keeping Fed...

May 30, 2024

Disney and Warner Bros. Discovery to bundle streaming...

May 9, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • As GOP political power hangs in the balance, Wiles says Trump will ‘campaign like it’s 2024’ ahead of midterms

      December 10, 2025
    • Mamdani will introduce British antisemitism, taxes to US: Former UK prime minister

      December 10, 2025
    • China sharpens confrontation with Japan following reported radar run-in

      December 10, 2025
    • European talks reshape Ukraine’s peace plan as Zelenskyy refuses territorial concessions

      December 10, 2025
    • Senate Republicans land on Obamacare fix, tee up dueling vote with Dems

      December 10, 2025

    Archives

    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024

    Categories

    • Business
    • Editor's Pick
    • Politics
    • Stock
    • Uncategorized
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 americandaddytrader.com | All Rights Reserved