Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business

Boeing shares rise 5% despite higher than expected Q2 loss on Air Force One costs

US aircraft maker Boeing reported a wider-than-expected Q2 loss Tuesday after booking a $280 million charge tied to its troubled Air Force One replacement program, Reuters reported.

The charge reflected higher engineering costs associated with delivering two delayed US presidential aircraft in 2028 and contributed to a second-quarter net loss of $428 million.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.