22:39 - 28.07.2026

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July 28, Fineko/abc.az. Boeing signaled operational progress in the second quarter with higher-than-expected free cash flow driven by robust commercial aircraft demand. However, the positive momentum was shadowed by a fresh $280 million charge on the delayed Air Force One presidential aircraft program.

Supported by higher commercial deliveries, Boeing generated $631 million in free cash flow, significantly outperforming market estimates of a $331 million cash outflow. Total revenue increased 8% year-over-year to $24.6 billion. Despite the cash surprise, the planemaker reported an adjusted core loss of $0.76 per share, wider than the $0.28–$0.30 loss projected by Wall Street analysts.

Overruns on Presidential Jet Pass $3 Billion

The primary drag on profitability stemmed from a new $280 million charge on the VC-25B Air Force One project, attributed to additional engineering, quality, and certification resources. With total cost overruns now exceeding $3 billion, doubts remain over whether the dual 747-8 aircraft will be delivered before President Donald Trump’s second term ends in early 2029.

Amid the prolonged delays, President Trump has temporarily been using a modernized 747-8 aircraft gifted by Qatar. Boeing management remains focused on stabilizing factory operations, overcoming legacy contract losses, and ramping up commercial output.