Boeing Posts Larger-Than-Expected Loss Amid Air Force One Delays

Boeing has reported a larger-than-expected quarterly loss due to higher engineering costs for its troubled Air Force One replacement program. The planemaker took a $280 million charge, contributing to a net loss of $428 million for the second quarter.

The core loss per share was 76 cents, worse than analysts' average expected loss per share of 30 cents. However, this was narrower than the $1.24 per share core loss in the same period last year.

Despite the losses, Boeing generated positive free cash flow of $631 million, compared to a negative $200 million during the second quarter of 2025. This improvement was due to higher customer payments than anticipated.