What Happened
CEO Ortberg Indicates New Commercial Program Further Off
Boeing CEO Kelly Ortberg has indicated that the company’s next new commercial aircraft may be further off than previously expected. According to Ortberg, the chance of a new product getting the go-ahead may now be less likely than it was a year ago. This news comes as Boeing works to recover financially, with Ortberg suggesting that the company is prioritizing its existing programs over new launches. The development was reported by Aviation Week.