Sustaining an imperial presidency in the air isn't a cheap proposition. It's somehow managing to get more expensive.
On Thursday, airplane maker Boeing announced that the two replacement Air Force One jets it's building will be further delayed and further over budget. Securities filings first reported by the Wall Street Journal show the company expects to lose an additional $766 million on the new presidential shuttles that are also years behind schedule. That brings the company's total losses on the project to $2 billion.
