Boeing suffers over $2bn loss in producing the USAF's next 'Air Force One’

Cost overruns on its project to provide the USAF with two new presidential transports have caused Boeing to declare an additional $482m loss on the programme, bringing the firm’s total loss on the project to $2.4bn. The firm had previously taken a $1.45bn loss on the jets in 2022 and $318m in 2021. The latest write-off brings the company’s total loss on the programme to more than $2.4bn. Boeing signed the fixed-price $3.9bn contract to deliver the two extensively modified