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Fortune
Fortune
Sasha Rogelberg

Boeing's new CEO says the company will be 'iconic' again—even after losing more than $6 billion last quarter

A striking worker holds a picket sign. (Credit: David Ryder/Bloomberg—Getty Images)

CEO Kelly Ortberg’s first two months as Boeing’s top brass have been far from smooth. 

He’s been saddled with an ongoing strike of 33,000 machinists that is set to continue should workers not agree to Boeing’s offered 35% pay hike over four years. The strike has halted production of key aircrafts like the 737 and 777X, mounting pressure on fulfilling orders and deliveries already years behind. That’s all on top of a door plug flying off a 737 Max midflight in January that made Boeing the target of monthslong scrutiny from the Federal Aviation Administration, as well as failures in its space projects that include exploding satellites and stranded astronauts.

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