FlyWithFavour
FlyWithFavour
February 27, 2025 at 09:13 AM
*Boeing Removes Stephanie Pope as Chief Operating Officer* Boeing has announced that Stephanie Pope is no longer serving as its Chief Operating Officer (COO) as of February 19, 2025. She will continue in her role as Executive Vice President and Chief Executive Officer of Boeing Commercial Airplanes (BCA). The company has decided not to appoint a new COO, effectively eliminating the position. This organizational change is part of Boeing's ongoing efforts to streamline leadership and enhance focus on its commercial airplane division, which has faced significant challenges in recent years. Under Pope's leadership, BCA aims to address production quality issues and improve profitability. The division reported cumulative operating losses of approximately $33 billion from 2019 to 2024, primarily due to complications with the 737 MAX and the impacts of the COVID-19 pandemic. However, projections for 2025 are more optimistic, with an expected delivery of around 550 aircraft and an anticipated operating profit of about $100 million. Kelly Ortberg, who assumed the role of Boeing's CEO in August 2024, has been restructuring the company's leadership to revitalize operations. Ortberg expressed confidence in Pope and her team's efforts to enhance performance within the commercial airplanes sector, emphasizing the importance of key performance indicators in driving production ramp-up and profitability. The decision to remove the COO position reflects a strategic shift towards a more focused management structure, aiming to address operational challenges and restore market confidence in Boeing's commercial aircraft operations. _*#flywithfavour;* Bringing to you, the latest news in the world of aviation 🛬🛫✈️🌍_
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