Boeing aims for long-term recovery with board strengthened by aviation expertise
BA Boeing Co
$184.66 -0.98%
View chart & analysis → - 1Boeing's stock price recorded a change of -0.98% today.
- 2With a backlog of $715 billion, CEO Kelly Ortberg said it will take several more years to focus on new aircraft.
- 3CEO Kelly Ortberg mentioned there is much to do, including the need to develop new aircraft by October 2024 and recovering the financial position to move toward the next commercial aircraft.
So what's the key point?
Boeing's CEO said more time is needed to create new aircraft and recover the company's financial health. With $715 billion in orders, there is much work to do before the company can stand on its feet again.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.