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US aircraft manufacturer Boeing on Wednesday reported higher losses in the second quarter than the previous year and also announced Robert “Kelly” Ortberg as its new president and chief executive, effective August 8. The company’s bottom line totalled -$1.439 million, or -$2.33 per share. This compares with -$149 million, or -$0.25 per share, in last year’s second quarter. Excluding items, Boeing reported adjusted earnings of -$2.90 per share for the period. The company’s revenue for the quarter fell 14.6% to $16.866 billion from $19.751 billion last year. In addition to heading the company, O…

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