Latest news with #DougAckerman
Time of India
22-05-2025
- Business
- Time of India
Boeing 737 Production Increase: Boeing increases 737 production pace as quality, safety culture improves, ET TravelWorld
Advt Advt Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTravelWorld App Get Realtime updates Save your favourite articles Scan to download App Boeing expects to stabilize 737 MAX production at 38 airplanes a month over the next couple of months, its Commercial Airplanes Vice President of Quality Doug Ackerman told reporters on Tuesday. The U.S. Federal Aviation Administration capped output at 38 airplanes a month after a mid-air panel blowout in a nearly new 737 in January 2024. Prior to that, monthly production of its best-selling airplane had bounced between the teens and the thirties but Boeing struggled through a series of crises and controversies that have battered its finances, strained employee morale and shredded public trust. After losing nearly $12 billion last year, the U.S. planemaker needs to increase 737 production to bring in more company is on track to produce about 38 of the popular single-aisle airplanes this month, two sources familiar with the matter told Reuters. A Boeing spokesperson declined to comment on the production rate for chief executive Kelly Ortberg previously said that the company needs to prove it can maintain production at that level for several months before it asks the FAA to lift the production is running smoothly, the company would also resume work on adding a fourth production line, Ackerman is making steady progress on all six production quality and safety metrics created by the company and regulators, according to its annual Chief Aerospace Safety Officer Report, which was released on concerns submitted by employees to the company's Speak Up reporting system rose by 220% from 2023 to 2024, according to the changes continue to make the program more effective, Chief Aerospace Safety Officer Don Ruhmann said during the media briefing on example, safety concerns are now evaluated by managers from other sections who are more likely to be impartial, rather than those who oversaw the work in is also using machine learning to catch quality problems in its supply chain before they become widespread. While it is still "fine tuning" the approach, it is seeing statistical correlations between the data and the likelihood of supply chain issues, Ackerman said.
Yahoo
22-05-2025
- Business
- Yahoo
Boeing Speeds Up 737 Manufacturing as Safety and Quality Standards Rise
Doug Ackerman, VP of Quality at The Boeing Company (NYSE:BA) Commercial Airplanes, stated that the company intends to stabilize 737 MAX production at 38 airplanes per month. A commercial jetliner parked at an airport, reflecting the companies success in aviation. This follows a mid-air panel explosion in January 2024 that prompted the U.S. Federal Aviation Administration (FAA) to cap production at that level. According to sources with knowledge of the situation, Boeing is now on schedule to reach the 38-plane objective in May, though the firm will not confirm the number. According to CEO Kelly Ortberg, the FAA will not raise the cap until Boeing shows steady production. Boeing intends to start construction on a fourth production line after things have settled. This year's Chief Aerospace Safety Officer Report also shows that the business is improving on six internal quality and safety measures. The Boeing Company (NYSE:BA)'s 737 MAX program has seen several crises, including production unpredictability and safety concerns, resulting in roughly $12 billion in losses last year. The number of safety problems that employees reported through the company's "Speak Up" system jumped by 220% between 2023 and 2024. Since then, Boeing has strengthened oversight by designating impartial managers to conduct safety evaluations. Furthermore, machine learning is being used to identify supply chain quality threats. Don Ruhmann, chief aerospace safety officer, mentioned continuous changes meant to improve transparency and corporate safety culture. While we acknowledge the potential of BA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BA and that has 100x upside potential, check out our report about this READ NEXT: and . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Boeing Speeds Up 737 Manufacturing as Safety and Quality Standards Rise
Doug Ackerman, VP of Quality at The Boeing Company (NYSE:BA) Commercial Airplanes, stated that the company intends to stabilize 737 MAX production at 38 airplanes per month. A commercial jetliner parked at an airport, reflecting the companies success in aviation. This follows a mid-air panel explosion in January 2024 that prompted the U.S. Federal Aviation Administration (FAA) to cap production at that level. According to sources with knowledge of the situation, Boeing is now on schedule to reach the 38-plane objective in May, though the firm will not confirm the number. According to CEO Kelly Ortberg, the FAA will not raise the cap until Boeing shows steady production. Boeing intends to start construction on a fourth production line after things have settled. This year's Chief Aerospace Safety Officer Report also shows that the business is improving on six internal quality and safety measures. The Boeing Company (NYSE:BA)'s 737 MAX program has seen several crises, including production unpredictability and safety concerns, resulting in roughly $12 billion in losses last year. The number of safety problems that employees reported through the company's "Speak Up" system jumped by 220% between 2023 and 2024. Since then, Boeing has strengthened oversight by designating impartial managers to conduct safety evaluations. Furthermore, machine learning is being used to identify supply chain quality threats. Don Ruhmann, chief aerospace safety officer, mentioned continuous changes meant to improve transparency and corporate safety culture. While we acknowledge the potential of BA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BA and that has 100x upside potential, check out our report about this READ NEXT: and . Sign in to access your portfolio
New York Post
21-05-2025
- Business
- New York Post
Boeing finally speeds pace of 737 MAX production following last year's mid-air panel blowout
Boeing expects to stabilize 737 MAX production at 38 airplanes a month over the next couple of months, its Commercial Airplanes Vice President of Quality Doug Ackerman told reporters on Tuesday. The U.S. Federal Aviation Administration capped output at 38 airplanes a month after a mid-air panel blowout in a nearly new 737 in January 2024. Prior to that, monthly production of its best-selling airplane had bounced between the teens and the thirties but Boeing struggled through a series of crises and controversies that have battered its finances, strained employee morale and shredded public trust. 3 The Federal Aviation Administration has capped Boeing's output at 38 737 MAX jetliners a month after a mid-air panel blowout in a nearly new plane in January 2024. AFP via Getty Images After losing nearly $12 billion last year, the U.S. planemaker needs to increase 737 production to bring in more cash. The company is on track to produce about 38 of the popular single-aisle airplanes this month, two sources familiar with the matter told Reuters. A Boeing spokesperson declined to comment on the production rate for May. Boeing Chief Executive Kelly Ortberg previously said that the company needs to prove it can maintain production at that level for several months before it asks the FAA to lift the cap. Once production is running smoothly, the company would also resume work on adding a fourth production line, Ackerman said. Boeing is making steady progress on all six production quality and safety metrics created by the company and regulators, according to its annual Chief Aerospace Safety Officer Report, which was released on Wednesday. 3 Boeing's annual Chief Aerospace Safety Officer Report released Wednesday shows the company is making steady progress on all six production quality and safety metrics created by the company and regulators. REUTERS Safety concerns submitted by employees to the company's Speak Up reporting system rose by 220% from 2023 to 2024, according to the report. Ongoing changes continue to make the program more effective, Chief Aerospace Safety Officer Don Ruhmann said during the media briefing on Tuesday. For example, safety concerns are now evaluated by managers from other sections who are more likely to be impartial, rather than those who oversaw the work in question. 3 Boeing's chief aerospace safety officer said ongoing changes to its Speak Up reporting program are making the safety program more effective. REUTERS Boeing is also using machine learning to catch quality problems in its supply chain before they become widespread. While it is still 'fine tuning' the approach, it is seeing statistical correlations between the data and the likelihood of supply chain issues, Ackerman said.
Time of India
21-05-2025
- Business
- Time of India
Boeing increases 737 production pace as quality, safety culture improves
Boeing expects to stabilize 737 MAX production at 38 airplanes a month over the next couple of months, its Commercial Airplanes Vice President of Quality Doug Ackerman told reporters on Tuesday. The U.S. Federal Aviation Administration capped output at 38 airplanes a month after a mid-air panel blowout in a nearly new 737 in January 2024. Prior to that, monthly production of its best-selling airplane had bounced between the teens and the thirties but Boeing struggled through a series of crises and controversies that have battered its finances, strained employee morale and shredded public trust. After losing nearly $12 billion last year, the U.S. planemaker needs to increase 737 production to bring in more cash. The company is on track to produce about 38 of the popular single-aisle airplanes this month, two sources familiar with the matter told Reuters. A Boeing spokesperson declined to comment on the production rate for May. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks Undo Boeing chief executive Kelly Ortberg previously said that the company needs to prove it can maintain production at that level for several months before it asks the FAA to lift the cap. Once production is running smoothly, the company would also resume work on adding a fourth production line, Ackerman said. Live Events Boeing is making steady progress on all six production quality and safety metrics created by the company and regulators, according to its annual Chief Aerospace Safety Officer Report, which was released on Wednesday. Safety concerns submitted by employees to the company's Speak Up reporting system rose by 220% from 2023 to 2024, according to the report. Ongoing changes continue to make the program more effective, Chief Aerospace Safety Officer Don Ruhmann said during the media briefing on Tuesday. For example, safety concerns are now evaluated by managers from other sections who are more likely to be impartial, rather than those who oversaw the work in question. Boeing is also using machine learning to catch quality problems in its supply chain before they become widespread. While it is still "fine tuning" the approach, it is seeing statistical correlations between the data and the likelihood of supply chain issues, Ackerman said.
