Boeing's Deferred Dreams: The New Jet Delay Takes Shape Boeing's struggles to repair its finances and restore public trust have been well documented in recent years.
CEO Kelly Ortberg provided a candid assessment of the situation at the Farnborough International Airshow this week, stating that the company needs "a couple more years" to get its financial house in order before embarking on the development of a successor to its 737 MAX.
The massive investments Boeing has made in recent years to revamp its production processes and rectify manufacturing issues that led to two fatal crashes are a significant factor in this timeline.