Boeing CEO Kelly Ortberg is navigating the turbulent waters of the trade war between the US and China, working closely with the Trump administration to protect the company from being negatively impacted. Ortberg emphasizes the importance of countries buying more Boeing planes to address trade imbalances with the US, while also addressing concerns about the launch of a new aircraft to replace the 737 Max.
As the largest exporter in America, Boeing has been caught in the crossfire of the trade war, facing challenges in delivering new planes to Chinese airlines due to tariffs and strained supply chains. Despite the uncertainty, Ortberg remains optimistic about the future, believing that new trade agreements will ultimately benefit the company.
2025 is seen as a pivotal year for Boeing, with Ortberg working towards stabilizing the company and addressing past safety and manufacturing crises. He is focused on increasing production rates for the 737 Max and securing regulatory approval to generate cash flow in the second half of the year.
While there are concerns about launching a more fuel-efficient successor to the 737 Max, Ortberg acknowledges that the market is not yet ready for such a move. Boeing is prioritizing stabilizing its current operations before considering investments in new plane programs.
In addition to his role at Boeing, Ortberg also comments on Elon Musk’s involvement in building a new Air Force One for the US president. Musk’s advice has helped Boeing navigate challenging requirements for the aircraft, ultimately leading to a more feasible and practical design.
Overall, Ortberg remains confident in Boeing’s ability to weather the storm of geopolitical tensions and emerge stronger in the long run. With a focus on stabilizing operations and addressing regulatory challenges, Boeing is poised to overcome current obstacles and continue its legacy of innovation in the aerospace industry. the perspective of a scientist who has discovered a groundbreaking new technology that can revolutionize the way we approach environmental conservation.
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