Overview

• Boeing CEO Kelly Ortberg is set to testify before the U.S. Senate, admitting to 'serious missteps' related to the 737 MAX 8 crashes that killed 346 people in 2018 and 2019.
• Ortberg plans to offer condolences to victims' families and commit to comprehensive changes to prevent future incidents.
• The company has implemented a Safety Management System (SMS) to proactively identify and manage safety risks, alongside organizational restructuring and enhanced employee training.
• Boeing has resumed certification tests for its delayed 777-9 aircraft, with deliveries now expected in 2026, and secured a significant U.S. Air Force contract for a next-generation fighter jet.
• Despite these developments, Boeing continues to face financial challenges, including a €5.5 billion loss in 2024 and the elimination of 17,000 jobs.