• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on April 24, 2025

    Featured image for article about Headlines

    (Reuters) -Boeing CEO Kelly Ortberg on Thursday praised the performance of upper management at the company, but told its annual general meeting that he would not hesitate to add personnel if needed.

    “Won’t be shy about doing that, but again, I think the team is coming together pretty well,” Ortberg said in response to a question about whether Boeing is considering changes to upper management at its defense and commercial airplanes units.

    “Having said that, if we need to continue to supplement the team going forward, not just direct reports to me but all the way up and down the organization, we will do that.”

    Ted Colbert, then head of Boeing's troubled space and defense unit, left the company last year in Ortberg's first management change.

    Ortberg, a veteran aerospace executive, started at Boeing in August 2024, tasked with restoring the might of a once major corporate powerhouse and leading U.S. exporter that had been rocked by multiple crises.

    Ortberg also said the company is working on "pretty straightforward engineering fixes" for its Starliner program.

    The Starliner's future was thrown into uncertainty after it suffered five thruster failures during its flight to the International Space Station last year, as well as leaks of helium that is used to pressurize the thrusters. NASA made the spaceship return to Earth without its crew in September, deeming it a risk for astronauts to ride.

    “We are still in the process of going through those design iterations and then tests and we’ll be doing that for the balance of this year," Ortberg said. "And yes, there will be further flights. We’ve got two flights planned in our existing contract. NASA will determine whether they are crewed or uncrewed. My guess is that the first flight will be uncrewed but that’s really NASA’s decision to make."

    Boeing's effort to fix the Starliner's faulty propulsion system has added to the aerospace giant's thorny development of a spacecraft that has cost it more than $2 billion.

    (Reporting by Allison Lampert and Nathan Gomes. Editing by Mark Potter)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe