The 64-year-old aerospace veteran, known as 'Kelly,' takes over Boeing as a late entry, replacing Dave Calhoun, who faced challenges pushing major new programs. Boeing reported a second-quarter operating loss of $1.4 billion, accumulating $33.3 billion in losses since 2019.
Boeing continues to grapple with safety and quality control issues across its aircraft programs, aiming to increase 737 MAX production despite FAA restrictions. An incident in January prompted further scrutiny of Boeing's production oversight.
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