Transportation
Boeing CEO Sees Company Reaching Key 737 Milestone This Year
- Ortberg says turning around company culture will take years
- Jet sale to China is possible near term despite trade turmoil
Boeing aircraft fuselages on railcars in Seattle.
Photographer: David Ryder/BloombergThis article is for subscribers only.
Boeing Co. Chief Executive Officer Kelly Ortberg said he’s optimistic the company can return to a closely watched production target for its all-important 737 airliner this year, a key milestone to turning a corner after reporting the second-worst annual loss in its history.
Barring any unforeseen setback, Ortberg hopes by midyear to boost output of its 737 aircraft beyond the 38-jet monthly pace capped by the Federal Aviation Administration a year ago as it delved into quality breakdowns.