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

• Kelly Ortberg, the CEO of Boeing, mentioned Elon Musk is a “sensible man.”
• Ortberg mentioned Musk is “serving to us in an enormous means” with Boeing’s delayed Air Drive One planes.
• The planes had been purported to be delivered in 2024 however have been affected by a number of delays.

Kelly Ortberg, Boeing’s CEO, mentioned Elon Musk is “serving to us in an enormous means” with its delayed Air Drive One planes.

“He is a superb man, so he is in a position to fairly shortly verify the distinction between technical necessities and issues that we are able to 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 an enormous means. So I am embracing that, working with the DOGE staff 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 Drive One substitute plane” in 2018, throughout President Donald Trump’s first time period. In an announcement on the time, the US Air Drive mentioned the brand new planes had 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 undertaking.

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

“They have been constructing this factor perpetually. 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 tug 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 a lot better monitor” 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.