Kelly Ortberg's first year as Boeing CEO: State of the company's turnaround effort

Company Performance - Boeing's stock has outperformed both the Dow Jones Industrial Average and the S&P 500, rising 38% in the last year [2] - The company has cut losses and is projected to be cash flow positive by the end of the year [3] - Boeing delivered 280 aircraft in the first half of the year, marking their best first half since the beginning of 2018 [4][5] - Boeing's shares are still under 50% from the all-time high in March 2019 [6] Operational Improvements - A focus on quality and safety has been job one at Boeing, especially with commercial airplane production [3] - Airlines have noted a significant decrease in problems with newly delivered aircraft, indicating improvements in quality and safety [11][12] - Improvements have been made in 737 Max production [4] Future Challenges and Vision - Boeing faces challenges in fixing its space division, particularly the Starliner program [7] - The defense division shows signs of progress but is still far from its potential [8] - Boeing will eventually need to develop a vision for its next commercial airplane, with delivery not expected until well past 2035 [8] - The industry emphasizes the importance of Boeing's success for both the US and global air travel [15]