Boeing CEO Kelly Ortberg is optimistic about reaching a production target of 38 737 aircraft per month by mid-year.
The company reported a significant annual loss, but shares rose 6.8% as investors gained confidence in Ortberg’s progress in ramping up production.
Boeing is prioritizing the health of its production system and ensuring supplier support, with plans to increase production rates every six months. Bloomberg’s George Ferguson reports on Bloomberg Intelligence. (Source: Bloomberg)
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2025-01-28