Overview
- Under Ortberg, Boeing’s stock has climbed roughly one-third since August 2024, driven by resumed 737 Max output and improved factory efficiency.
- Production of the 737 Max has rebounded since December after a seven-week Seattle strike, but remains capped at 38 jets per month under FAA limits.
- The 777-9 program has been delayed to 2026, and the smaller Max 7 and larger Max 10 variants are still awaiting certification.
- Boeing posted a $643 million loss in the first half of 2025 and saw a new strike by 3,200 union workers at its fighter-jet plant this week.
- Ortberg’s four-point turnaround plan has focused on culture change, operational discipline and quality, and he plans to formally request incremental increases in Max output soon.