Boeing reports more than expected Q2 loss after an increase in Air Force One costs
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Article Excerpt
Boeing reports more than expected Q2 loss after an increase in Air Force One costs
DAN CATCHPOLE
REUTERS
PUBLISHED 1 HOUR AGO
UPDATED 30 MINUTES AGO
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The planemaker is also working to deliver two 747-8 jets to serve as Air Force One under a US$3.9-billion fixed-price contract signed in 2018 that is now four years behind schedule and more than US$1-billion over budget.
PATRICK T. FALLON/AFP/GETTY IMAGES
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Boeing BA-N +4.37%
incre…
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