Boeing’s CEO Praises Musk for Assist With Delayed Air Pressure One Planes

• Kelly Ortberg, the CEO of Boeing, mentioned Elon Musk is a “good man.”
• Ortberg mentioned Musk is “serving to us in a giant manner” with Boeing’s delayed Air Pressure One planes.
• The planes have been speculated to be delivered in 2024 however have been suffering from a number of delays.

Kelly Ortberg, Boeing’s CEO, mentioned Elon Musk is “serving to us in a giant manner” with its delayed Air Pressure One planes.

“He is an excellent man, so he is capable of fairly rapidly verify the distinction between technical necessities and issues that we will transfer out of the best way,” Ortberg mentioned of Musk whereas attending an investor convention organized by Barclays on Thursday.

“He is serving to us in a giant manner. So I am embracing that, working with the DOGE group to assist us enhance the supply,” Ortberg added, referencing the federal government effectivity fee headed by Musk.

Boeing and Musk didn’t reply to requests for remark from Enterprise Insider.

Boeing was awarded a $3.9 billion contract to ship “two accomplished Air Pressure One substitute plane” in 2018, throughout President Donald Trump’s first time period. In a press release on the time, the US Air Pressure mentioned the brand new planes have been to be delivered by 2024.

The supply date has since been pushed again to a minimum of 2027. Boeing has misplaced greater than $2 billion on the mission.

“Now they are not constructing the aircraft quick sufficient. I imply, they’re really in default, Boeing,” Trump mentioned in a Fox Information interview that aired Tuesday.

“They have been constructing this factor ceaselessly. I do not know what is going on on,” Trump continued.

Final month, Ortberg mentioned in an interview with CNBC that Boeing was working with Musk and DOGE “to determine what can we do to drag up the schedule of that plane.”

Musk has been outspoken about his views on Boeing. In December, Musk criticized Ortberg’s predecessor, Dave Calhoun, and mentioned Boeing is “on a significantly better observe” with Ortberg on the helm. Calhoun was the CEO of Boeing from January 2020 to July 2024.

Boeing’s shares fell by 2.83% when markets closed on Thursday. The corporate’s shares have fallen by greater than 10% over the previous 12 months.

In January, Boeing reported a web lack of $3.86 billion within the fourth quarter of 2024. The corporate misplaced practically $12 billion final 12 months.