Boeing CEO Kelly Ortberg conceded to significant corporate missteps during a tense U.S. Senate hearing on Wednesday, admitting the company prioritized profits over safety in its manufacturing processes. ‘We must fundamentally rethink our culture,’ Ortberg stated, outlining plans to address systemic issues amid rising scrutiny over aviation safety standards.
The hearing occurred against the backdrop of lingering concerns about the impact of Trump-era tariffs on Boeing’s global supply chain, which sources components from multiple countries and regions. Analysts warn that trade policies could further strain the aerospace giant’s complex production network.
Lawmakers pressed Ortberg on timelines for implementing reforms, with cross-party calls for greater transparency. ‘This isn’t just about Boeing — it’s about restoring public trust in aviation,’ remarked one senator. The developments carry implications for investors monitoring stability in Asia’s aerospace manufacturing hubs.
