by Guardian staff and agencies on (#6PMBQ)
Troubled planemaker hopes to turn its fortunes around after huge losses due to 737 Max 9 aircraft line fiascosBoeing on Wednesday named aerospace industry veteran Robert Kelly" Ortberg as its new president and CEO, tasking the former Rockwell Collins executive in turning around the struggling planemaker after it reported a $1.4bn loss.Ortberg, 64, led aerospace supplier Rockwell Collins before it became part of aerospace and defence giant RTX. He will assume his duties on 8 August, Boeing said. Continue reading...