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Boeing Reports Over $3 Billion in Losses on Air Force One Project
Boeing has incurred over $3 billion in losses while working on the new Air Force One project, including a recent $280 million charge. The $3.9 billion contract is significantly delayed, with the delivery now projected for 2028. The Trump administration had accepted a Boeing 747 from Qatar to replace one of the existing planes during this delay.
People
Kelly Ortberg
Donald Trump
Our neutral summary
Boeing has incurred over $3 billion in losses while working on the new Air Force One project, including a recent $280 million charge. The $3.9 billion contract is significantly delayed, with the delivery now projected for 2028. The Trump administration had accepted a Boeing 747 from Qatar to replace one of the existing planes during this delay.
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