Boeing Reports Loss on $280 Million Hit to Troubled Air Force One Program

Boeing has reported a loss due to a $280 million hit to the troubled Air Force One program. The company has pushed back the delivery of two presidential planes by four years, contributing to the loss. The delay and related expenses resulted in a bigger-than-expected loss for Boeing in the second quarter. The setback reflects ongoing challenges with the high-profile program to replace the current presidential aircraft.

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