Boeing reported a significant quarterly loss, largely due to its Air Force One replacement program. The company still generated positive free cash flow, exceeding expectations for the period. This cash flow increase was partly driven by higher customer payments than anticipated. Boeing maintains its full-year free cash flow guidance, aiming for its first positive result since 2023.

Building the new generation Air Force One presidential jets has become a painful financial thorn in the side of Boeing.

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

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.

Perdite per 428 milioni di dollari nel periodo aprile-giugno

Boeing posted a wider-than-expected Q2 loss after a $280 million Air Force One charge, but shares rose 5% as positive free cash flow and higher aircraft production signaled…