Boeing First Quarter Results Update: China is 10% of the backlog, with 500 in “Unidentified”

By Karl Sinclair April 23, 2025, © Leeham News: China represents 10% of Boeing’s commercial airliner backlog, CFO Brian West clarified on the Boeing 1Q2025 earnings call. About 50 aircraft are scheduled to be delivered to China this… Read More

Boeing reports mixed results of latest employee survey, but middle management and officers remain key obstacles

By Scott Hamilton April 22, 2025, © Leeham News: Boeing released an employee survey last week about safety, culture, and related items. Some areas recorded improvements, while others recorded declines. But the survey data released did not address… Read More

Hopes for 1Q financial progress turns into bumpy ride for Boeing

 Subscription Required By Karl Sinclair At its peak, there were 140 Boeing 737 MAXes stored across Washington state destined for China. The number is now around 40, and with the tariff war, there is no telling when these… Read More

 Boeing 2024 Proxy Statement: Executive Compensation includes retirement gifts for Calhoun, Deal; housing support for Ortberg, Pope, and other stuff

Subscription Required By Karl Sinclair March 17, 2025, © Leeham News: Boeing’s top executives on average earn 81 times more money than the average company employee, the 2024 Proxy Statement reveals. And in addition to the usual perks… Read More

Ortberg, SPEEA meet; union surveys members for contract negotiations, strike

Subscription Required By Scott Hamilton Boeing CEO Kelly Ortberg (left) and SPEEA president John Dimas. Credit: SPEEA. Feb. 27, 2025, © Leeham News: Boeing CEO Kelly Ortberg met with the company’s engineers and technicians union, SPEEA, on Feb…. Read More

Ortberg reaffirms goal of Boeing 777X certification at first appearance at bank’s investors’ conference

By Scott Hamilton Feb. 20, 2025, © Leeham News: Boeing hopes to certify its largest aircraft, the 777-9, late this year or early next year so that it can finally begin delivery of the 425-seat aircraft. Delivery was… Read More

Boeing sees achieving pre-MAX grounding production rates 8 years later

Subscription Required By Scott Hamilton Jan. 30, 2025, © Leeham News: When Airbus began to record more orders than Boeing in the early 2000 decade, Boeing’s CEO dismissed the shift. Orders didn’t matter, sniffed Phil Condit. Only deliveries… Read More

Ortberg sees path with FAA for returning to full rate 737 production

By Karl Sinclair Jan. 28, 2025, © Leeham News: Boeing’s CEO Kelly Ortberg, now five months into his job, painted an encouraging picture of the company’s path to recovery in an appearance on the financial news network CNBC… Read More

Boeing strike post mortem: Ortberg has work to do

Teamsters contract expires in April 2025. IAM’s contract with Boeing’s defense unit follows in July. SPEEA engineering contract negotiations come up, too. Subscription Required By the Leeham News Team Analysis Nov. 15, 2024, © Leeham News: Boeing CEO… Read More

Ortberg taps Mulally, Conner about Boeing’s recovery

By Scott Hamilton Nov. 8, 2024, © Leeham News: When Kelly Ortberg assumed the chief executive’s slot at the ailing Boeing Co., he knew the company well as an outsider. Ortberg had been CEO of Rockwell Collins, a… Read More