Versuchen GOLD - Frei
Can Boeing Be Fixed? Aerospace Leaders Offer a Repair Manual
Mint Mumbai
|January 08, 2025
Restore trust and forget the stock price: Experts from inside and outside the company share advice for the troubled jet maker fuselage panel that blew off in midair. Mishaps on the factory floor. Stranded astronauts.
A crippling strike. Five straight annual losses.
Boeing's travails keep piling up, and that list doesn't include a pair of fatal accidents in 2018 and 2019 that killed 346 people. The 108-year-old jet maker this summer agreed to plead guilty in a federal criminal case related to those crashes. The string of crises has left the company bleeding cash, mired in manufacturing problems and at odds with airlines, regulators and its own employees. On Dec. 29, 179 people were killed in a South Korean crash whose cause is now under investigation.
"We're at a low here, folks," Boeing's new CEO, Kelly Ortberg, told the company's employees in a November all-hands meeting.
There's a lot riding on Boeing's ability to pull out of its nose dive. Boeing is the biggest U.S. exporter and one of the world's two major manufacturers of large commercial jetliners, along with Europe's Airbus. Boeing makes jets, bombs and helicopters for the U.S. military. It makes rockets and spacecraft for NASA. It employs some 170,000 people around the world and is the central cog in a global supply chain of thousands of companies from small parts shops to multinational giants like GE Aerospace.
"Everybody wants us to succeed," Ortberg told workers. "They're all also expecting us to kind of clean up our act and, you know, deliver good products and not have these snafus." undefined Ortberg, who took the helm of Boeing in August, has signaled his intention to shrink the company and slash layers of bureaucracy. We asked dozens of people-current and former Boeing leaders, airline executives, employees, suppliers, safety regulators and others-in recent months what Boeing should do to turn itself around. Here's what they said.
1. Think big.
Diese Geschichte stammt aus der January 08, 2025-Ausgabe von Mint Mumbai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Mumbai
Mint Mumbai
Tobacco cess set to expire, enter health and national security cess
Finance minister Nirmala Sitharaman will introduce a bill in Lok Sabha on Monday to levy a new cess for public health and national security, replacing the GST compensation cess on tobacco, which will lapse when the Centre completes repayment of the loans raised to compensate states.
2 mins
December 01, 2025
Mint Mumbai
Battery PLI may get new spark as rules set to ease
Scheme saw limited success; 50GWh capacity by Dec 2024 goal fell far short
3 mins
December 01, 2025
Mint Mumbai
China used to be a cash cow for western companies. Now it’s a test lab.
For Western companies in China, a new reality has set in: The easy money is gone and competition is only getting fiercer.
4 mins
December 01, 2025
Mint Mumbai
BEHIND THE GLOSSY REPORT: THE MAKE BELIEVE ESG WORLD
Recently, the Sebi chairperson made a distinction that should make every company board squirm, Speaking at the “Gatekeepers of Governance’ summit, Tuhin Kanta Pandey separated “compliance” from “governance” in a way that was both elegant and damning.
2 mins
December 01, 2025
Mint Mumbai
New safety, emission rules spell riches for parts firms
Anti-lock brakes? Sound alerts for EVs? Ever-changing emission norms? For India’s nimble auto parts makers, every new regulation to raise safety and lower pollution is opening up business avenues.
3 mins
December 01, 2025
Mint Mumbai
APIs to innovation: Bulk drug makers ramp up CDMO bets
Once focused on low-margin active pharmaceutical ingredients (APIs), India’s bulk drug manufacturers are raising their ambitions, with several now investing heavily in research and development to win contract development and manufacturing work from global drugmakers.
2 mins
December 01, 2025
Mint Mumbai
Smart GDP growth casts shadow over December rate cut
The Reserve Bank of India’s (RBI's) Monetary Policy Committee (MPC) is widely expected to keep the policy rate unchanged on 5 December, even as a sizable minority of economists argues that the space created by softening inflation and moderating nominal growth warrants another rate cut.
2 mins
December 01, 2025
Mint Mumbai
Why MF vendors haven't grown as fast as MF assets
A rising tide does not lift all boats—an adage that mutual fund distributors will vouch for.
4 mins
December 01, 2025
Mint Mumbai
Gen Alpha will make new rules for their workplace
Gen Alpha will expect hybrid workplaces, Al tools and 4-day weeks— offices unrecognizable to their parents’
3 mins
December 01, 2025
Mint Mumbai
EC extends electoral roll revision by a week to II Dec; final list on 14 Feb
The Election Commission on Sunday extended by one week the entire schedule of the ongoing special intensive revision (SIR) of electoral rolls in nine states and three Union territories amid allegations by opposition parties that the “tight timelines” were creating problems for people and ground-level poll officials.
2 mins
December 01, 2025
Listen
Translate
Change font size

