Boeing attributes $280 million loss in second quarter to Air Force One program

The defense company reported a $280 million loss in the second quarter of 2026 due to its VC-25B program.

The replacement for the US president's Air Force One is now expected to cost nearly $7 billion, with Boeing absorbing more than $3 billion in losses under its fixed-price contract.

Boeing’s contract to replace two aging Air Force One planes, a program that is now four years behind schedule, lost the defense contractor $280 million in the second quarter of 2026, according to its latest earnings report released on Tuesday. The company inked a contract with the U.S. government in President Trump’s f

Boeing has hit over $3 billion in losses as part of its commitment to build the next Air Force One jet, reporting a $280 million charge on the project this quarter. Boeing’s $3.9 billion contract with the Air Force to build two presidential planes, replacing the current fleet, is years behind schedule and has run…

Boeing pushed back delivery of two presidential planes by four years. The delay and related expenses contributed to a bigger-than-expected loss in the second quarter.

Cost overages in Boeing's building of two Air Force One planes has caused the company to report a $428 million loss in the second quarter of 2026.

To get Air Force One delivered by 2028, Boeing takes another massive charge  CNN

A Boeing 737 MAX aircraft. (AP Photo)Boeing reported a larger-than-expected second-quarter loss on Tuesday as higher costs linked to the delayed Air Force One replacement programme weighed on its results.The US planemaker, however, reported positive free cash flow and maintained its annual guidance as it works to stabi

Boeing posts larger-than-expected Q2 loss as Air Force One costs rise  Reuters

The planemaker took a $280 million charge on the VC-25B program, pushing its adjusted loss to 76 cents a share against a 30-cent estimate

Boeing took a $280 million charge on its long-delayed Air Force One program.

Volaris swung to a US$127M Q2 loss as record fuel costs overwhelmed a 24% revenue jump.