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Home / Business and Economy / Boeing CEO Warns of Tough Year Ahead

Boeing CEO Warns of Tough Year Ahead

9 Jan

•

Summary

  • CEO Kelly Ortberg warns 2026 will demand more effort than last year.
  • Boeing shares rose 22% on expectations of billions in free cash flow.
  • Company aims to certify three jet models and mend Pentagon ties.
Boeing CEO Warns of Tough Year Ahead

Boeing CEO Kelly Ortberg has alerted employees that 2026 will be a demanding year for the planemaker's ongoing turnaround efforts, suggesting the work ahead may exceed that of the previous year. This cautious message comes as the company prepares to report its fourth-quarter earnings on January 27, 2026. Ortberg acknowledged significant improvements since this time last year, noting that a solid foundation has been established for future progress.

Despite the CEO's reserved tone, Wall Street sentiment has been optimistic, with Boeing shares climbing 22% since early December. This surge is attributed to Chief Financial Officer Jay Malave's reaffirmation that the company is on track to generate billions in free cash flow by 2026 as production ramps up. Analysts largely maintain positive ratings, with 25 buys and eight holds, although one analyst expressed caution regarding the speed of expected cash flow generation.

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Looking ahead, Ortberg's agenda includes the crucial certification of three jet models, which were initially slated for market entry at the start of the decade. Rebuilding trust with the Pentagon following cost overruns and delays on new programs is also a key objective. The company also anticipates a potential labor negotiation as a contract for engineers and technical workers is set to expire.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
CEO Kelly Ortberg stated that 2026 will require significant effort for Boeing's turnaround, potentially more than was accomplished in the prior year.
Wall Street has shown enthusiasm, with Boeing shares rising 22% on expectations of substantial free cash flow generation by 2026.
Key objectives for Boeing in 2026 include certifying three delayed jet models and strengthening relationships with the Pentagon.

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