Boeing CEO Kelly Ortberg told CNBC Monday that the planemaker will need "a couple more years" to repair its finances before launching a new commercial jet, signaling that the company is focused more on stabilizing its existing business rather than rushing to develop a successor to its best-selling 737 MAX.
Boeing must clear three hurdles before committing to a new aircraft program, Ortberg told CNBC's Phil LeBeau at the Farnborough International Airshow in the U.K.