Boeing CEO says the company must fundamentally change as losses surge

CEO Calhoun warns of cultural issues that are costing the company

Boeing CEO Dave Calhoun has said that the company must fundamentally change as it continues to grapple with a number of challenges. Unreliable suppliers in the current global crises, the company's 737 Max crisis, and other issues have plagued Boeing for a number of years. In a recent interview, Calhoun said that the company needs to become more "agile" and "customer-focused." He also said that Boeing needs to address its "cultural issues", without being specific on what those may be.

Boeing has been struggling for years

Boeing has been struggling for years, and its problems have only been compounded by the COVID-19 pandemic. In 2019, the company was forced to ground its entire fleet of 737 Max aircraft after two fatal crashes. The grounding lasted for 20 months and cost Boeing billions of dollars. The company has also been struggling with production delays and quality issues with its 787 Dreamliner aircraft. As a result of these challenges, Boeing has lost market share to its rivals, Airbus and Embraer.

Calhoun says the company needs to make fundamental changes

In a recent interview, Calhoun said that Boeing needs to make fundamental changes in order to survive. He said that the company needs to become more "agile" and "customer-focused." He also said that Boeing needs to address its "cultural issues." Calhoun did not provide any specifics on what cultural issues he was referring to, but he said that they are "costing the company." He also said that Boeing needs to improve its communication with its customers and regulators.

The future of Boeing is uncertain

The future of Boeing is uncertain at this point. The company is facing a number of challenges, and it is unclear how it will be able to overcome them. Calhoun has said that the company needs to make fundamental changes, but it is unclear what those changes will be. The company could be forced to sell off some of its assets as well. Only time will tell what the future holds for Boeing.