Robert "Kelly" Ortberg

Notable Quotes

Ortberg told investors the company sees a path to roughly $3 billion in free cash flow in 2026, describing the production system as "stabilizing."

from Boeing charts path back to positive cash flow after seven-year slump · Updated May 31

"We've passed the capstone review for rate 47, so we are now in the process of running the line at the 47-a-month rate." — Ortberg, Bernstein Strategic Decisions Conference, May 27, 2026.

from Boeing's 737 MAX production rebuild · Updated May 27

"We'd like to get someday to a 63-a-month rate. The market will support those higher rates." — Ortberg, same event.

from Boeing's 737 MAX production rebuild · Updated May 27

Stories

Boeing charts path back to positive cash flow after seven-year slump

Money Moves

Leading operational turnaround; targets positive full-year free cash flow in 2026

Boeing has burned cash every year since 2018. On Wednesday it reported a first-quarter adjusted loss of 20 cents per share — four times smaller than Wall Street's expected 83-cent loss — with $22.22 billion in revenue. CEO Kelly Ortberg told investors the company sees a path to roughly $3 billion in free cash flow for the full year.

Updated May 31

Boeing's 737 MAX production rebuild

Built World

Leading the production recovery; now ramping to 47 jets a month

Boeing's 737 factory in Renton, Washington has spent 28 months under a federal speed limit. On Wednesday, the Federal Aviation Administration (FAA) said it could go a little faster — from 42 jets a month to 47.

Updated May 27

Boeing reacquires Spirit AeroSystems to confront a decade of 737 MAX safety and quality crises

Money Moves

Leads Boeing’s post‑MAX turnaround and Spirit integration

On December 8, 2025, Boeing completed its $4.7 billion acquisition of Spirit AeroSystems, valuing the deal at about $8.3 billion including debt. The transaction reversed a 2005 spin‑off that created the world's largest independent aerostructures supplier.

Updated May 10