Boeing reaches $3 billion in losses while building new Air Force One

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…

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.

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.