Boeing faces larger-than-expected Q2 loss as Air Force One replacement costs top $280M, but points to improving cash flow and re
Boeing reported a larger-than-expected second-quarter loss after taking a $280 million charge tied to the Air Force One replacement program, while generating positive free cash flow and improving revenue to $24.6 billion. The company said it is investing “significant resources” to deliver the new presidential plane by 2028 and has again paid out of pocket to cover VC-25B cost overruns.