Boeing’s new CEO, Kelly Ortberg, isn’t sugarcoating the situation. In his first all-hands meeting, Ortberg reportedly told employees, “We are at a low here, folks.” Talk about a wake-up call. After years of production blunders, strikes, and a corporate culture seemingly more focused on infighting than competing with Airbus, Ortberg faces a steep climb to restore Boeing’s dominance in the aerospace world.
Let’s get this straight: Boeing is not some startup struggling to find its footing. It’s a historic giant in aviation, but lately, it’s been stumbling like a liberal politician on debate night. Ortberg nailed it when he called out the company’s culture, saying, “We spend more time arguing amongst ourselves than thinking about how we’re going to beat Airbus.” That’s not just a shot across the bow; it’s a cannonball.
Boeing has a backlog of over $500 billion in orders, including more than 5,400 commercial planes. Demand is sky-high for new, fuel-efficient jets. But despite all this opportunity, Boeing is burning through billions of dollars, saddled with delays, and can’t even dream of launching a new jet until it gets its production act together. That’s what happens when you take your eye off the ball—and when government policies make the climb even steeper.
Here’s where President-elect Donald Trump enters the picture. Ortberg revealed that he recently discussed tariffs with Trump, pointing out how a trade war with China could impact Boeing’s business. Boeing sells planes to Chinese airlines, but the U.S. doesn’t import any aircraft from China. If Trump’s tariff plans put pressure on China, it could create short-term challenges for Boeing—but in the long term, let’s not pretend this isn’t necessary. The Chinese Communist Party has been undermining American industry for decades, and Trump’s no-nonsense approach is what’s needed to level the playing field.
While Boeing is fighting to get back on track, its stock has plummeted nearly 44% this year, a stark contrast to the S&P 500’s 24% gain. Ortberg has his work cut out for him, but at least he seems to understand the problem: fix the culture, ramp up production, and stop the bleeding.
Meanwhile, liberal policies—like overregulation and economic strategies that put America last—have done little to help American giants like Boeing thrive. Trump’s agenda, focused on deregulation and fair trade, is precisely the kind of environment that allows businesses to rebuild and succeed. If Ortberg and Trump can align Boeing’s recovery with Trump’s pro-America economic policies, this American icon might just fly again.
Comments are closed.